{"id":530,"date":"2018-06-16T15:34:26","date_gmt":"2018-06-16T15:34:26","guid":{"rendered":"https:\/\/coppenwall.com\/estate-agents-blog\/?p=530"},"modified":"2020-01-07T20:39:55","modified_gmt":"2020-01-07T20:39:55","slug":"rightmoves-house-price-index-may-2018","status":"publish","type":"post","link":"https:\/\/coppenwall.com\/hub\/2018\/06\/16\/rightmoves-house-price-index-may-2018\/","title":{"rendered":"Rightmove&#8217;s house price index &#8211; May 2018"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 20px;\" class=\"sharethis-inline-share-buttons\" ><\/div><div class=\" et_pb_row et_pb_row_0\">\n<div class=\"et_pb_module et_pb_image et_pb_image_0 et_always_center_on_mobile\">\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-591 size-full\" src=\"https:\/\/coppenwall.com\/hub\/wp-content\/uploads\/2018\/06\/pexels-photo-120173.jpg\" alt=\"House price index\" width=\"1280\" height=\"720\" srcset=\"https:\/\/coppenwall.com\/hub\/wp-content\/uploads\/2018\/06\/pexels-photo-120173.jpg 1280w, https:\/\/coppenwall.com\/hub\/wp-content\/uploads\/2018\/06\/pexels-photo-120173-300x169.jpg 300w, https:\/\/coppenwall.com\/hub\/wp-content\/uploads\/2018\/06\/pexels-photo-120173-768x432.jpg 768w, https:\/\/coppenwall.com\/hub\/wp-content\/uploads\/2018\/06\/pexels-photo-120173-1024x576.jpg 1024w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/h2>\n<h2>Rightmove&#8217;s Property Price Index<\/h2>\n<\/div>\n<div class=\"et_pb_column et_pb_column_4_4 et_pb_column_0 et-last-child\">\n<div class=\"et_pb_module et_pb_image et_pb_image_0 et_always_center_on_mobile\"><span class=\"et_pb_image_wrap\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/ik.imagekit.io\/emoov\/wp-content\/uploads\/2018\/05\/18140509\/Screen-Shot-2018-05-18-at-14.57.41.png\" alt=\"\"><\/span><\/div>\n<\/div>\n<\/div>\n<div class=\" et_pb_row et_pb_row_1\">\n<div class=\"et_pb_column et_pb_column_4_4 et_pb_column_1 et-last-child\">\n<div class=\"et_pb_text et_pb_module et_pb_bg_layout_light et_pb_text_align_left et_pb_text_0\">\n<div class=\"et_pb_text_inner\">\n<p>Rightmove have released their latest house price index for May 2018.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<!--more-->\n\n\n\n<p>Rightmove use the asking prices on properties they have listed for sale, and cross-referenced this with current market conditions and the expectations of UK sellers.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/ik.imagekit.io\/emoov\/wp-content\/uploads\/2018\/05\/18142503\/Screen-Shot-2018-05-18-at-14.58.00.png\" alt=\"\"\/><\/figure><\/div>\n\n\n\n<p><a href=\"https:\/\/ik.imagekit.io\/emoov\/wp-content\/uploads\/2018\/05\/18142503\/Screen-Shot-2018-05-18-at-14.58.00.png\"><\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/ik.imagekit.io\/emoov\/wp-content\/uploads\/2018\/05\/18142514\/Screen-Shot-2018-05-18-at-14.58.21.png\"><img decoding=\"async\" src=\"https:\/\/ik.imagekit.io\/emoov\/wp-content\/uploads\/2018\/05\/18142514\/Screen-Shot-2018-05-18-at-14.58.21.png\" alt=\"\"\/><\/a><\/figure><\/div>\n\n\n\n<p>You can clearly see in the graphs above, that we have hit an all-time high, for asking price expectations. The figures are down 5% on actual property sales compared to last year.<\/p>\n\n\n\n<p>In spite of wider market conditions showing prices decline, the UK average asking price has inflated&nbsp;to \u00a3308,075.<\/p>\n\n\n\n<p>The East, West Midlands and Wales are showing some of the highest ever asking prices, with only the North East of England seeing a decline, as shown by the pricing map below.<a href=\"https:\/\/ik.imagekit.io\/emoov\/wp-content\/uploads\/2018\/05\/18143122\/Screen-Shot-2018-05-18-at-14.59.07.png\"><\/a><\/p>\n\n\n\n<p>Even though properties are being marketed with top-heavy asking prices, Rightmove are receiving a record number of properties being viewed online.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Figures<\/h2>\n\n\n\n<p>These house price index figures are showing a country with a fragmented market. Despite the reduced number of sales agreed there is still great demand amongst home-buyers. <\/p>\n\n\n\n<p>The static asking prices paired with the high expectations of UK sellers, is pushing prices higher still. This could create a problem, by reducing potential buyers interest, causing the the property market to slow down further. \u00a0 <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Property in Rossendale<\/h2>\n\n\n\n<p> However, the property market in the North West of England, and especially in Rossendale, seems to be very buoyant at the moment, with lots of properties selling in the first 12 weeks of listing. \u00a0 <\/p>\n\n\n\n<p><a href=\"https:\/\/coppenwall.com\/\">We can help sell your property in Rossendale<\/a>\u00a0just contact the team at Coppenwall. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Do you need any help with your property?<\/h2>\n\n\n\n<p>If you have any questions about the property market in the North West of England, or just need some advice then contact<a href=\"https:\/\/coppenwall.com\/contact\"> Coppenwall Estate Agents.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rightmove&#8217;s Property Price Index Rightmove have released their latest house price index for May 2018.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71,83,88,75,79],"tags":[68,70,105,100,135,73,78],"class_list":["post-530","post","type-post","status-publish","format-standard","hentry","category-estate-agent","category-home-sales","category-local-information","category-property-sales","category-rossendale","tag-coppenwall","tag-estate-agency","tag-estate-agent","tag-for-sale","tag-house-price-index","tag-lancashire","tag-rossendale"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rightmove&#039;s house price index - May 2018 - Coppenwall Estate Agents<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coppenwall.com\/hub\/2018\/06\/16\/rightmoves-house-price-index-may-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rightmove&#039;s house price index - May 2018 - Coppenwall Estate Agents\" \/>\n<meta property=\"og:description\" content=\"Rightmove&#8217;s Property Price Index Rightmove have released their latest house price index for May 2018.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coppenwall.com\/hub\/2018\/06\/16\/rightmoves-house-price-index-may-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"Coppenwall Estate Agents\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-16T15:34:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-07T20:39:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coppenwall.com\/hub\/wp-content\/uploads\/2018\/06\/pexels-photo-120173.jpg\" \/>\n<meta name=\"author\" content=\"Duane Dobson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Duane Dobson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/coppenwall.com\\\/hub\\\/2018\\\/06\\\/16\\\/rightmoves-house-price-index-may-2018\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/coppenwall.com\\\/hub\\\/2018\\\/06\\\/16\\\/rightmoves-house-price-index-may-2018\\\/\"},\"author\":{\"name\":\"Duane Dobson\",\"@id\":\"https:\\\/\\\/coppenwall.com\\\/hub\\\/#\\\/schema\\\/person\\\/de9ee3582be20bad7edb72edcc1b9094\"},\"headline\":\"Rightmove&#8217;s house price index &#8211; 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