Yorkshire market’s 62 per cent rise
THERE has been significant change in Yorkshire housing markets over the past decade, according to the Halifax.
Average prices have increased 62 per cent from £81,522 to £131,727 since 2002, outperforming the UK increase of 38 per cent. Since 2002, the average property price in Leeds has increased 47 per cent, from £92,987 to £137,030 in 2012. However, in the last five years, it has dropped 18 per cent from an average of £167,988 in 2007.
Beeston and Holbeck saw the greatest increase over the last 10 years, rising 107 per cent from £41,147 in 2002 to £85,123 in 2012. The smallest increase, six per cent, was in LS14, which includes Seacroft and Thorner, where average prices now stands at £98,816.