Sellers are flooding the housing market as they look to capitalise on a combination of rising prices and growing demand.

All regions in the UK enjoyed increased activity in August, according to figures from the Royal Institution of Chartered Surveyors (RICS), not just London and the south-east.

Surveyors with increasing new instructions rose to a balance of 26% during the month, up from 16% in July, while surveyors seeing house prices rise, rather than fall, climbed to the highest level in almost seven years with a balance of 40%.

Surveyors expect prices to continue rising, with a balance of 45% predicting price rises rather than falls over the next three months.

James Mackenzie, head of Strutt & Parker’s Country Department said: “We are seeing the beginnings of a healthy autumn market and these figures will boost confidence further. It is important not to get too carried away, but the signs are good in terms of supply for the whole of the UK market, not just London and the south-east.”

RICS global residential director, Peter Bolton King, said: “It’s not surprising that more and more people are looking to sell their homes.

“The buyers are out there and prices are on the up so if you're looking to move it's a good time to do so.”

However, fears are growing of a property bubble as house prices continue to inflate at an accelerated rate. If these concerns turn into reality, it could see many potential buyers priced out of the market as residential properties become unaffordable.

Halifax recently revealed that house prices are 5.4% higher than last summer, while they grew by 0.4% in August from July to mark the seventh consecutive monthly increase.

All regions in the UK saw greater numbers of homes come onto the market during the month, with sharp rises in the south-west and north-east in particular.