First quarter 2005.
Property
Hotspots forYORKSHIRE & THE HUMBER
Prices shown in the tables below are
arithmetic average prices of houses on which an offer of mortgage has been granted.
These prices can change in the sample from quarter to quarter. Towns
in high double digits are current hotspots
|
TOWN
|
AVERAGE HOUSE
PRICE - £
2004*
|
AVERAGE HOUSE
PRICE - £
2005*
|
%
CHANGE
|
|
Barnsley
|
95,373
|
112,784
|
18%
|
|
Barton-upon-Humber
|
104,556
|
120,963
|
16%
|
|
Batley
|
94,197
|
104,645
|
11%
|
|
Beverley
|
145,640
|
174,922
|
20%
|
|
Bingley
|
151,351
|
196,850
|
30%
|
|
Bradford
|
82,838
|
102,498
|
24%
|
|
Bridlington
|
111,515
|
134,257
|
20%
|
|
Brigg
|
123,682
|
159,916
|
29%
|
|
Brighouse
|
129,528
|
130,743
|
1%
|
|
Brough
|
149,538
|
189,109
|
26%
|
|
Castleford
|
104,027
|
113,637
|
9%
|
|
Cleckheaton
|
118,230
|
125,079
|
6%
|
|
Cleethorpes
|
91,943
|
112,356
|
22%
|
|
Dewsbury
|
94,931
|
115,323
|
21%
|
|
Doncaster
|
106,887
|
127,466
|
19%
|
|
Driffield
|
116,699
|
138,483
|
19%
|
|
Goole
|
122,195
|
140,543
|
15%
|
|
Grimsby
|
95,003
|
114,742
|
21%
|
|
Halifax
|
100,026
|
123,733
|
24%
|
|
Harrogate
|
210,617
|
246,255
|
17%
|
|
Hebden-Bridge
|
148,519
|
200,373
|
35%
|
|
Holmfirth
|
151,489
|
171,898
|
13%
|
|
Huddersfield
|
114,846
|
140,744
|
23%
|
|
Hull
|
82,994
|
100,536
|
21%
|
|
Ilkley
|
232,648
|
281,934
|
21%
|
|
Keighley
|
110,451
|
129,275
|
17%
|
|
Leeds
|
135,416
|
147,660
|
9%
|
|
Liversedge
|
105,309
|
134,867
|
28%
|
|
Mexborough
|
80,079
|
99,618
|
24%
|
|
Mirfield
|
129,561
|
152,631
|
18%
|
|
Normanton
|
108,421
|
122,385
|
13%
|
|
Northallerton
|
184,164
|
192,853
|
5%
|
|
Ossett
|
118,789
|
135,873
|
14%
|
|
Otley
|
182,315
|
192,441
|
6%
|
|
Pontefract
|
113,706
|
134,636
|
18%
|
|
Pudsey
|
135,663
|
147,156
|
8%
|
|
Ripon
|
163,979
|
205,421
|
25%
|
|
Rotherham
|
96,264
|
118,033
|
23%
|
|
Scarborough
|
126,213
|
149,164
|
18%
|
|
Scunthorpe
|
91,592
|
116,096
|
27%
|
|
Selby
|
145,965
|
165,940
|
14%
|
|
Sheffield
|
120,211
|
134,935
|
12%
|
|
Shipley
|
132,624
|
151,497
|
14%
|
|
Skipton
|
192,683
|
215,493
|
12%
|
|
Sowerby-Bridge
|
135,166
|
161,474
|
19%
|
|
Wakefield
|
127,565
|
146,269
|
15%
|
|
Wetherby
|
239,875
|
265,318
|
11%
|
|
Whitby
|
145,677
|
160,965
|
10%
|
|
York
|
170,787
|
186,785
|
9%
|
Here you will find a general overview of the region
"House prices
in Yorkshire and the Humber have increased by 15.5% over the last year to reach
£122,946, the strongest growth of any English region.
House price ‘hot
spots’ in Yorkshire and the Humber include Hebden Bridge, where house prices have risen by 35% to £200,373, Bingley,
where house prices have risen by 30% to £196,850 and Brigg, where house prices have risen by 29% to reach £159,916.
Bingley is a desirable
area. Its housing market remains buoyant and demand firm. The Bingley bypass has added to the attractiveness of this area. However, there are limited opportunities for first-time
buyers in Bingley and they are seeking properties within more affordable areas, such as Keighley,
where average house prices are currently, £129,275, a third less than Bingley.
The most affordable area to live in Yorkshire and
the Humber – and the only town in the region yet to break through the £100,000 barrier - is Mexborough, where the average house price is £99,618. With its excellent
transport infrastructure, leisure centre and well-reputed schools, Mexborough
provides the ideal opportunity for any first-time buyer or young family looking to get a foot onto the housing ladder.
The most expensive place to live in Yorkshire and
the Humber is Ilkley, where house prices have increased by 21% over the last
year from £232,648 to £281,934. Located 30 minutes away by train from Leeds, Ilkely remains popular amongst professionals. The town also won a gold medal in the RHS Britain
in Bloom landscaping and environmental management competition in 2004.
Hebden Bridge is a quaint,
Pennine town with great charm and character.
The town has both a midweek and Sunday market, which benefits both the local residents and serves as a tourist attraction. Hebden Bridge boasts a wide selection
of traditional shops selling everything from antiques to handcrafted goods along with a variety of cafés and restaurants.
The town has good rail links to Leeds and Manchester
and is located within close proximity to both the M62 and M65 - making it an ideal spot for commuters.
The housing stock in Hebden Bridge
is typical of a picturesque Pennine town.
Some of the town's more famous properties are situated on the hillside and are up to six stories high. Other features indicative of the area include cast iron fireplaces, traditional sash windows and arched
stone cellars.
House prices in York have risen
by 9% over the last year to reach £186,785 and any property realistically priced up to £180,000 is selling well. There has been an influx of city centre apartments and as a result, there is ample availability. Huntington and Fulford
remain popular areas for families as they are within good school catchment areas.
Within Morley, a suburb of Leeds, terraced and semi-detached properties in the region of £100,000 to £180,000 continue to sell well. Areas on the outskirts of Morley, such
as Tingley
and Gildersome, provide excellent access to Leeds
and Wakefield, due to their proximity to the motorway network and are also located
within the catchment area of highly reputed schools.
House prices in Halifax have risen by 24% over the last year from £100,026 to £123,733. The town has a good share of first-time
buyers who are buying new build flats and terraced houses close to the centre of town. Families are typically migrating to
the outskirts of Halifax, where there are better schools and easier parking facilities.
Properties under £100,000 and the middle market up to £150,000 continue to
sell well, but interest is low in the higher-end of the market, as purchasers are still cautious.
Redevelopment activity in Halifax
is currently high, especially upon brownfield sites and the edges of green belt, where the expanding commuter belt takes in
some of the more desirable areas. Private new build developments upon former council housing areas, for example, Illingworth, are in great demand.
Within South Yorkshire, house prices
have increased by 17% over the past year to reach £126,291. The Robin Hood Doncaster-Sheffield
airport, which is based at the former RAF Finningley site near Doncaster and due
to open on 28th April 2005, seems to be having a positive effect on house prices. They have increased by 19% over
the past year to reach £127,466. This trend is set to have a knock-on effect
into Doncaster's neighbouring areas.
The village of Balby, six miles
from the airport and the former mining village of Rossington, three miles away
are experiencing increasing levels of interest and demand as staff employed at the airport seek houses in the area.
With its excellent motorway and train links, Doncaster itself has also benefited from the increased investment that the airport has brought with it. Doncaster’s lakeside, for example, has been transformed
into commercial premises and apartments.
Increased investment opportunities may also overflow into Doncaster’s
neighbouring villages, such as Bessacar, Bawtry and Sprotborough.
With the average house price currently at £114,742, Grimsby is continuing to attract young families and first-time buyers. First-time
buyers are buying properties priced at £70,000 and under in areas such as Cleethorpe
Terraces, Lord Street and Littlefield Lane, whereas the catchment areas for
Healing and Humberston schools on
the outskirts of the town continue to be popular to families.
House prices in Hull have increased
by 21% over the last year from £82,994 to £100,536.
Traditional terraced properties in West
Hull are being bought up by first-time buyers, as well as newly built, two bed semi-detached properties on the new Kinsgwood development.
The lower end of the market continues to sell well, which includes properties around
£50,000, as well as properties on Princess Avenue, which are selling for around
£75,000 to £95,000.
The retail development of St Stephen's Square
in Hull City Centre will also include some rejuvenation of the residential properties
surrounding it, including a new build development at Sutton Park.”
"House prices in Bradford have increased
by 24% over the last year from £82,838 to £102,498.
Bradford's suburban and city centre living
is increasingly popular with first time buyers who have been priced out of the housing market in Leeds and are attracted to Bradford due to its affordability and excellent
road and rail transport links. Bradford
provides opportunities for first time buyers to have more house for their money.
Families are attracted to the suburban school catchment areas of Clayton, Queensbury and Thornton, where houses are sold at premium
prices. There is also increased interest from families in the more rural areas
of Baildon, Bingley (£196,850) and
Shipley.”
|