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11
Aug 2022
Last Updated: 11/08/2022
Harrogate district house prices fall £6,000 on last month
However, the figures also reveal that prices have increased year on year.
House for sale signs in Harrogate.
Average house prices in the Harrogate district fell by £6,000 in a month, according to latest government figures.
Data released by the Land Registry shows that from April to May the average price of a property dropped from £332,641 to £326,123.
However, the figures also reveal that prices have increased year on year.
Since May 2021, the average cost of a property has increased by 7.4%. Buyers could purchase a house for £303,528 last year.
By comparison, a property in Leeds could be bought for £229,139 in May this year.
The number is also a drop on last month by £604.
Average house price increased by 13%
The average cost of a home in the Harrogate district is slightly above that for the country.
Across England, latest figures show that the average price is £303,278.
This is up 13.1% on May last year.
In a statement, the Land Registry said:
“England house prices grew by 13.1% in the year to May 2022, up from 11.6% in April 2022. England house prices were growing faster than the UK annual rate of 12.8% in the year to May 2022.
“The South West was the fastest growing region with annual growth of 16.9% in the year to May 2022. The lowest annual growth was in London, where prices increased by 8.2% over the year to May 2022.”
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