House prices in East Anglia have recorded the biggest month-on-month asking price jump according to the property website Rightmove.
They say prices in the East jumped up by 4.4 per cent. It means the average house here is now selling for over £224,538.
Across England and Wales, London was the only region where asking prices took a dip in April, falling by 0.5%, although at £493,635 on average they are still 6.2% higher than a year ago
Rightmove, whose records go back for more than a decade, tipped next month for a new asking price high, as a combination of confidence returning to the market this spring and a shortage of properties for sale continue their upward pressure on prices.
Miles Shipside, director of Rightmove, said: "With London prices pausing for breath this month but likely to bounce back next, May looks like an odds-on bet to deliver a new asking price record. More estate agents are reporting more activity in more segments of the market."
You know the expression cheap as chips.... well we might not be able to say that for very much longer....
Potatoes have been a cheap and cheerful British favourite for more than a century but last year's atrocious weather followed by a severe winter and spring has sent the cost of them soaring as Natalie Gray reports :
UK house prices may have seen an increase for the first time in nine months in February - but prices in the Anglia region remained stagnant.
Property analyst Hometrack spoke to more than 1,000 agents and surveyors, some of them reporting that the market conditions were less buoyant than they were expecting. Monthly prices were flat in East Anglia, along with the Midlands.
Southend in Essex recorded the biggest rise in house prices among major UK towns and cities over the past year, according to research by Halifax.
The average selling price in the seaside resort was 14.8% higher than the previous year, rising to £198,418 by the end of 2012, compared with an improvement of 2.1% on average across the whole of Essex. Lowestoft in Suffolk recorded the sixth largest price rise of 12.7 %
Halifax housing economist Martin Ellis said: "Nationally, conditions in the housing market have been largely unchanged over the past 12 months with little overall movement in either house prices or sales for the second consecutive year. "
He expects continuing broad stability in house prices nationally in 2013, with the North/South divide in price performance likely to persist next year.
Mr Ellis said: "House prices are expected to be strongest in London and the South East as this part of the country performs best in economic terms."