Rightmove launches the House Price Trendometer

Designed to consolidate nearly 13 years of regional asking price data into an easy-to-read format, Rightmove is happy to announce the launch of its House Price Trendometer.

This interactive tool shows the growth and decline of property asking prices in 54 counties in England and Wales from October 2001, with users being able to adjust start and end date sliders to track the changes between any two periods of time.

The Trendometer also includes a number of date markers flagging the events that have shaped the housing market over the years: for example, the end of the UK’s recession, the launch of the Help to Buy scheme and the time interest rates hit a record low of 0.5%. The housing market has always been closely entwined with the wider economy, and these markers help to shed some light on the forces that have caused cause peaks and troughs in asking prices.

The Rightmove House Price Trendometer will be updated every month with the most recent asking prices, ensuring the data is always current and relevant. Providing a clear and simple visualisation of house price trends, this unique tool is expected to be useful to homeowners, estate agents and property market analysts alike.

Miles Shipside, Rightmove director and housing market analyst comments:

“Housing and house prices in particular are an obsession with the British public, and the period covered by the Rightmove Trendometer has certainly been one to really grab the attention. We feel this new tool will create plenty of interest among those wanting to analyse if they made the ‘right move’ or whether another county would have offered better potential returns on their property investment.”