Spa town val­ues see decade in­crease

Yorkshire Post - Property - - FRONT PAGE -

PROP­ER­TIES in spa towns have seen the value rise by nearly £130,000 over the past decade, ac­cord­ing to the lat­est re­search from Lloyds TSB. They rose by an av­er­age of £129,203 from £146,194 in 2001 to £275,397 in 2011. The 88 per cent in­crease is equiv­a­lent to a monthly rise of £1,077.

The rise in spa town house prices since 2001 was 12 per cent greater in mon­e­tary terms than the av­er­age prop­erty in­crease. Five spa towns have seen prices more than dou­ble in the past decade.

The largest in­creases were in Builth Wells with 170 per cent and Har­ro­gate, with 107 per cent. Bos­ton Spa recorded a 103 per cent rise and Knares­bor­ough 100 per cent while Ilk­ley’s rise was 85 per cent.

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