UK house prices rise by 1.5% in biggest increase for 10 months

Data from property website Rightmove finds average asking price has reached almost 370,000

An increase in buyer demand and stronger house sales during March have combined to push the average UK home's asking price up by a further 5,279 to almost 370,000, as the market picks up after a muted 2023".

According to the UK's biggest property website, Rightmove, this month's 1.5% price growth is notably higher than the historical March average of 1%, and is the biggest monthly increase for 10 months.