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11

Aug 2022

Last Updated: 11/08/2022
Environment
Environment

Harrogate district house prices fall £6,000 on last month

by Calvin Robinson

| 11 Aug, 2022
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However, the figures also reveal that prices have increased year on year.

house-for-sale-harrogate
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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