The average asking price of houses in the UK has jumped 3.5 per cent, according to the Rightmove House Price Index.
However, the company said that sellers have warned of an ‘over-pricing’ risk.
Post-Olympic prices rebound by 3.5 per cent (+£8,310) as new sellers seek to reverse a summer of monthly falls totalling 4.6% (-£11,377).
All regions show increases, with above average rises in London (+4.8 per cent), South East, West Midlands (both +3.9 per cent) and North West (+3.8 per cent), indicating ‘life in the market’, Rightmove said.
However, a spokesman for the company said: “Though new sellers and their estate agents are testing higher prices, Rightmove research shows that few segments of the market can currently justify higher property values than the price peaks of 2007/8 and fewer than two in five buyers would arrange to visit a suitable property if they believe it is ‘over-priced’.”
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