Asking prices at a record high

19th February 2016

A new report shows that asking prices have hit a record high of almost £300,000, with sellers seeking an average of £299,287 across England and Wales so far in February. This marks a £8,324, or 2.9%, increase on the average asking price in January and is £2,738 above the previous high seen in October 2015. London and the east saw the biggest increases, with a 10.5% climb in the past year as averages hit £643,843 in the capital and the east seeing a 10.7% climb to £321,630.

The Daily Telegraph (15/02/2016)