Mil­lion-plus homes a rar­ity in re­gion

Yorkshire Post - Property - - PROPERTY -

THE best per­form­ing post­codes for £1m-plus homes out­side Lon­don and the South-East over the last three years in­clude Har­ro­gate and Ilk­ley.

That’s no sur­prise, but Sav­ills say sales of £1m plus homes in York­shire rep­re­sent just one per cent of the to­tal mar­ket be­tween 2007 and 2010. Over half the sales have been in Lon­don and a quar­ter in the South East.

There has been a de­crease in sales of 16 per cent over the pe­riod in Lon­don and a fall of 39 per cent in York­shire.

Be­tween 2009 and 2010, sales in­creased by 36 per cent in Lon­don and fell by just five per cent in York­shire. Sav­ills say the top end of the prop­erty mar­ket was more buoy­ant in 2010 than the mid­dle and lower end.

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