The West Midlands is the only region in England and Wales to report a dip in house seller asking prices, property search website Rightmove said.

Everywhere else is recording the highest they have ever been for the month of March as, in general, confidence returns to the market.

New sellers lifted their asking prices by 1.7 per cent month-on-month to reach £239,710 on average, beating the previous record high for the month which was set in March 2008 by £55.

With asking prices also at 1.2 per cent higher than they were a year ago, the spring boost should result in a sales pick-up in 2013, Rightmove said.

March’s month-on-month increase was strongest in the South East, where prices lifted by 4.2 per cent to reach £309,439.

The West Midlands was the only region across England and Wales to see a month-on-month dip, with a 0.5 per cent decrease taking prices to £185,942 on average, although they are 2.2 per cent higher than last year.