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.
This website uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Continue
Secured Loans > 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 Evo 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 Evo Money
Warning: Late payment can cause you serious money problems. For help, go to moneyhelper.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 96 out of 100, based on 178 reviews over the past year. 178 user reviews. Read our reviews

Members of the The Finance & Leasing Association

FLA logoWe are a member of the FLA (Finance and Leasing Association) and subscribe to its lending code.


Feeling social? Check out our social pages!

Tweet us on Twitter
Like us on Facebook
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 9 Portland Street, Manchester, M1 3BE. Authorised and regulated by the Financial Conduct Authority, firm reference number 708324.

© 2022 Evolution Money | Cookies | Complaints Policy | Breaking Down Our Loans | Terms & Conditions | Fair Processing Notice | Sitemap
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