Harrogate, Wetherby and Ripon: what kinds of property are selling best?
But according to the latest Rightmove house price index, this year has seen a more sluggish monthly rise of just 0.6 per cent – the lowest at this time of year since October 2008.
With a slowdown in the number of properties coming to market, down by 13.5 per cent compared with this time last year, Rightmove says there are strong indications that many would-be sellers are being deterred by the combination of muted pricing power and short-term political uncertainty.
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Hide AdIn contrast, buyers seem undeterred, with numbers of sales agreed little changed, down by just 0.5 per cent.
The average asking price is now £306,712, but of course prices differ around the country, as do property preferences. So what kind of property sells best in our area – and for how much?
In Harrogate, the average price dipped by 6 per cent over the past year to £317,421 – similar to Knaresborough (£306,223).
Terraced properties went for an average of £253,817 and detached homes for £513,463. But most of the year’s sales were semi-detached houses, which averaged £303,897.
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Hide AdTo get an idea of what kind of house that might be, take a look at 3 Valley Mount, which is currently on the market for a shade under that figure.
Tucked away on a quiet street between the Valley Gardens and Cold Bath Road, it’s just five minutes’ walk from the town centre and has recently been renovated. With an L-shaped floorplan (narrow at the front, wide at the back), it has three bedrooms, a bathroom, kitchen, dining room and sitting room, with a back yard and shed.
In Wetherby, the overall average price fell by 3 per cent to £358,093 – similar to nearby Boston Spa (£356,249).
Semi-detached properties in Wetherby sold for £291,480 and terraced properties averaged £266,362. But most of the sales in the town were detached properties, selling on average for £472,323.
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Hide AdA typical example might be 12 Osprey Close, currently on the market in nearby Collingham for £480,000. It’s an extended, detached family home with four bedrooms, two bathrooms, open-plan dining kitchen and family room, lounge, utility room, office and integral single garage. There’s also off-street parking, plus gardens to the front and rear.
Finally, in Ripon the average price rose by 8 per cent over the year to £248,350 – cheaper than nearby Boroughbridge (£296,253) or Masham (£270,490).
Semi-detached houses went for an average of £221,016 and detached homes averaged £375,780. But most of the city’s sales over the past year were terraced houses, which sold for an average of £189,142.
On the market for slightly more than that is 32 Princess Road, a mid-terrace property within easy walking distance of the city centre. It has four bedrooms, bathroom, kitchen, utility/downstairs toilet, two good-sized reception rooms and spacious cellars. Outside, there is a small garden to the front with a larger garden to the rear – part patio, part lawn – with space for off-street parking beyond.