Prime prop­er­ties see prices soar

Yorkshire Post - Property - - PROPERTY -

ASK­ING prices for the top 25 per cent of Bri­tish prop­er­ties have soared since the start of the year, ac­cord­ing to the lat­est Prime In­dex from prop­erty web­site PrimeLo­ca­tion.com.

Sur­pris­ingly, in the first six months of the year it has been the ma­jor ur­ban ar­eas out­side of Lon­don where the sharpest in­crease in ask­ing prices for Prime prop­er­ties took place.

Sheffield (+10.6 per cent), Bris­tol (+9.7 per cent), Greater Manch­ester (+7.9 per cent) and Cardiff (+8.1 per cent) all recorded rises more than three times that of the cap­i­tal, where Prime ask­ing prices in­crease by just 2.7 per cent. Leeds saw a 5.5 per cent rise.

Only Mersey­side (-0.8 per cent) has recorded slower growth in the Prime seg­ment than Lon­don.

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