York­shire prices show rise this year

Yorkshire Post - Property - - PROPERTY -

AV­ER­AGE York­shire prop­erty prices grew by four per cent an­nu­ally to £133,504 in Oc­to­ber, ac­cord­ing to Wil­liam H. Brown.

Sales trans­ac­tions in the county are up 30% an­nu­ally and 2% on month in Oc­to­ber. De­mand for homes, which rose by 24%, grew at four times rate of prop­erty sup­ply. Har­ro­gate prices have risen 7% an­nu­ally

Jo Whin­cup, area di­rec­tor at Wil­liam H Brown, says: “Over the last six months we have seen a resur­gence of the hous­ing mar­ket in the North, and par­tic­u­larly York­shire, with sus­tained prop­erty price growth in the re­gion over that pe­riod. The av­er­age York­shire prop­erty price is now £133,504, the high­est since 2010.

“The rea­son for this is high lev­els of de­mand and lack of sup­ply.”

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