Property prices experience steady growth as spring market picks up

Rightmove reports that the average asking price for newly listed properties has risen by 1.1% (+£3,876) this month, bringing the national average to £371,870.

This increase is consistent with typical March trends. Encouragingly, sellers appear to be pricing their properties realistically, avoiding the over-optimistic valuations often seen in the traditionally competitive Spring market.

For buyers, this season presents the best selection of available properties since 2015. Although they won’t benefit from additional stamp duty savings in England and will face higher tax charges from April, the broader range of property for sale provides some reassurance.

Despite ongoing global economic uncertainty, the UK property market remained resilient in 2025. Sales activity continues to grow, with the number of agreed sales up 9% compared to this time last year, while new property listings have increased by 8% year-on-year.

These positive indicators suggest continued market momentum, even as stamp duty adjustments come into effect next month.