Desperate buyers meet asking prices
Within London the figure is even more startling, as 99% properties met the asking price.
The results stem from a lack of housing supply, as demand grew by 6.6% in March compared to an increase in supply of just 1.9%.
House prices increased across half the country in March for the second month in a row, rising by 0.6%.
The average timespan a house is on the market fell below 8 weeks, the shortest period since 2007.
The report concluded that record low mortgage rates and strong demand from first-time buyers and investors with have no property to sell was the reason for soaring house prices.
Mortgage rates stand 3%, compared to over 5% before the downturn.