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Might be in relation to where the vendors are going next thats been hiked up.
I've only brought 2 places so don't have masses of experience.What has worked for me is make an offer on a place you like and set your limit.
I've moved out of London (E17) and 100% happy. The process wasn't as smooth as I would have liked but time has healed all those niggles we went through.
Shinscar
House we viewed two years ago that didn't sell is now back on the market for 200k more. Another house in town that didn't sell went back on the market for 250k more a month or two back. Neither have changed in the interim, house b even used the same photos. I thought everything was crashing and burning and am confused.