Market Trends on Rightmove

market trendsA very interesting bit of their website that you might not have looked at.
Click here to get to the Market Trends section
Type in the first part of your postcode – eg: M40
You can filter the graph – by default its set at 2 years and all property, but you can tweak these if you want more specific data.
It shows me that – the data so far for February – that the average price is £68,333 over the three properties that have sold. By using the filters I can determine that these were all terraces.
Don’t forget you have a detailed breakdown by street available on rightmove – although I find most useful for looking at details of which properties have sold.
It is fascinating stuff to see how many (or how few!) properties are selling and what their prices are doing!

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