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20
Apr 2021
House prices in North Yorkshire increase by 22.8% in a decade
House prices in North Yorkshire have increased by 22.8% over the last 10 years, according to new research.
A study by The Search Partnership, which tracks property prices in six areas in the county, found that the trend was consistent with areas such as London and the Home Counties.
The research analyses the average price paid per square foot, as recorded by the Land Registry, in Boroughbridge, Harrogate, Thirsk, Wetherby, Ripon and Bedale.
Toby Milbank, director at The Search Partnership, said the increase was on average about 2.28% per year. Mr Milbank said the company expected to see high market activity as the lockdown eases. He said:
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David Waddington, director of land and new homes at Linley and Simpson, said quality of life and rural areas was among the key factors for people buying property in the county.
He said:
Mr Waddington said the HG3 postcode in Harrogate was a popular location. He added that a lot of buyers moving to Yorkshire were from the south of England.
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