April 2023 Market Update from Bricks&Logic
April 10 2023
Our April 2023 update containing data up to the 31st March 2023 is now available at www.bricksandlogic.co.uk. This update looks at changes in our estimates of sale and rental values between 31st December and 31st March 2023.
England & Wales 3 Month Sales Change

Across England and Wales, the average sale value rose by 0.8% over the past three months. 

As usual, the numbers vary greatly depending on where you are in the country with local changes varying between -4.8% and +5.0%.

The market on the whole has now recovered from the drops at the tail end of last year.

 

Post image
England & Wales 3 Month Rental Change

Across England & Wales, the average rental value increased by 1.7% over the past three months.

London and the South East of England continue to lead the push in rental value growth.

 

Post image
London 3 Month Sales Change

Across London, the average sale value increased by 0.8% over the past three months with the usual variations for different areas.

This is a slight increase on last months figure and like the rest of England, the average market in the region has moved back into positive territory after last years end of year drops.

 

Post image
London 3 Month Rental Change

As noted above, the rental market in London remains the fastest growing in the country. 

Over the past three months, average rental values have increased by 3.4% over the period with some areas seeing increases of as much as 8%.

 

Post image

As always, these numbers are area averages. Different types of properties in the same location can perform very differently to each other. 

To see how the market for your property has changed, or to explore the map, log in at www.bricksandlogic.com

If you like our work please follow us on any (or all) of our social media channels!

 

 

Post image
Footer - Stay up to date image
Stay up to date