Harrogate’s property prices keep on rising

House prices in Harrogate are continuing their upward trend after increasing by 0.9% in February.

The boost contributes to the longer-term trend, which has seen property prices in the area achieve 7.1% annual growth.

The average Harrogate house price in February was £324,854, Land Registry figures show. This is in comparison to a Yorkshire and the Humber average of £198,599, and a UK average of £276,755. Over the month, the rise was similar to that across Yorkshire and the Humber, where prices increased 1.2%, but Harrogate outperformed the 0.5% rise for the UK as a whole. Over the last year, the average sale price in Harrogate rose by £22,000 – putting the area 19th among Yorkshire and the Humber’s 21 local authorities with price data for annual growth.

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However, buyers paid more for properties in Harrogate than anywhere else in Yorkshire and the Humber in February. The average price paid would buy 2.5 homes in Hull (£128,000), at the other end of the scale.

Owners of flats saw the biggest improvement in property prices in February – they increased 1.1%, to £186,233 on average. Detached properties were up 1% monthly to an average of £543,741.