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New price record and best sales since 2007 should mitigate pre-election jitters

Price of property coming to market hits record high, up 1.1% (+£3,547) to £313,655 this month, though lower than the average increase of 1.6% at this time of year over the past seven years.

Overall annual pace of increase continues to slow, now at 2.2%, the lowest for four years.

First-time buyer sector is driving growth, up 6.5% annually to new record of £194,881.

Strong buyer activity with the number of sales agreed the highest at this time of year since 2007, before the credit crunch