In the last three months Rightmove have stated prices have increased by £19,082.
This is the largest increase for this short period of time that has ever been recorded by the portal.
Due to a lack of available stock in the current market, sellers are able to increase their prices and ask for best and finals sooner than they would on a market pre-covid.
Potential applicants also are finding it hard to secure a property, as they are sometimes finding themselves amongst others in bidding wars, so to avoid this are going straight in to offer with asking prices.
This then as a whole is pushing prices up and up to new levels. Source: Rightmove, April 2022.
If due to this, you are wondering if now is the time to sell, speak to us at David James today to find out about the current Bromley market.