We are currently experiencing technical difficulties with our telephone system.
We apologise for any inconvenience and are working to resolve this as soon as possible.
Evolution Money
Customer Enquiries 0161 814 9158
This website uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Continue
Home > April house prices at all-time high across the UK

April house prices at all-time high across the UK

27th April 2015 | Published by Evolution Money

Average house prices have reached a record high, according to property website, Rightmove.

A large rise in the number of people looking for a new home to buy and a continued lack of sellers has led to a further increase in the average property price, to just over £286,000.

Rightmove is the UK’s largest property website and its report highlights the continued housing crisis in Britain today.

According to the Rightmove report, March was its busiest month since it was launched in 2000, with 20 per cent more people viewing property than during the same period in 2014. However, the number of new properties on the site was down by 4 per cent when compared to the first quarter of last year.

House prices were up in every region in April from March of this year and only down on April of last year in Wales. Prices rose the most in Greater London and the north east of England. In Greater London, average house prices are now £594,585, an increase of almost 50 per cent, or £195,000, since the last election in 2010.

Miles Shipside, director at Rightmove, said that an under supply of homes and a record demand for housing has led to an all-time high in property prices. He attributed the price rise to large numbers of potential sellers hesitating to put their homes on the market just before a general election. There has also been a record number of landlords buying properties as long term investments, due to the current poor return on savings.

“Record housing prices are largely due to the continued shortage of new build homes. Successive governments have failed to meet house building targets since the 1980s and this has led to increased property prices and rents,” Shipside added.

Category: Money
This post was written by Evolution Money
Warning: Late payment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

How our customers rate us

We’re proud of the high standard of our customer service and believe that each of our customers should be treated as an individual.
Evolution Money 90 out of 100, based on 112 reviews over the past year. 112 user reviews. Read our reviews

Members of the The Finance & Leasing Association

FLA logoThe Finance & Leasing Association is the leading trade body for the motor finance, asset finance and consumer credit industries in the UK.


Feeling social? Check out our social pages!

Tweet us on Twitter
Like us on Facebook
Pin us on Pinterest
Add us on Google+

Our Address

Evolution Money,
9 Portland Street,
M1 3BE

Registered Company Number: 06987852

Contact by Phone

General Enquiries:
0161 814 9158

0161 814 9165

Contact by Email

Evolution Money Limited is a licensed credit broker and service provider to Evolution Lending Limited. If your application doesn’t meet the underwriting requirements of Evolution Lending Limited we may pass your information to other lenders and brokers. Evolution Money Limited is a company registered in England & Wales, registration number 06987852 and registered at 8 St John Street, Manchester, M3 4DU. Authorised and regulated by the Financial Conduct Authority, firm reference number 708324.

© 2018 Evolution Money | Privacy Policy | Cookies | Complaints Policy | Breaking Down Our Loans | Terms & Conditions
Apply Online
I want to borrow £

You will receive a call today to continue with your application.
Thank you for taking the time to fill in our online enquiry form. Unfortunately in this instance we won't be able to help as being a homeowner is one of our primary requirements.
Start Here
Please wait

Please wait

Don't leave just yet!

Evolution Money are a multi Award Winning UK finance company with thousands of happy customers!

Award Winning

Our friendly loan advisors can let you know if you're eligible for a loan without affecting your credit score. Why not give us a call today!

Freephone 0800 144 8188

Back to Evolution