What Is The Average House Price In York?
Estimated reading time 4 minutes
It’s easy to understand why so many people fall in love with York. A beautiful historic city, York boasts medieval streets and the iconic Gothic York Minster, but is also still very much alive and kicking today. With a thriving café culture and a vibrant student population, busy shopping streets and a full calendar of cultural events, York truly seems to have its own magic.
What does that mean for house prices? Well, as you might have guessed, property in an in-demand city doesn’t come cheap.
How much does a house cost in York?
Brace yourself. The most recent property data from the Office for National Statistics shows that the average house price in York is currently £316,000. When you consider that the average house price across the United Kingdom is £291,000, it’s clear that property in York is much sought-after.
Looking more closely at the data shows that, as you’d expect, some kinds of property are more expensive than others. Detached houses, which generally tend to be larger properties, are far and away the most expensive, with an average price of £503,000 — over half a million.
Semi-detached properties, by contrast, are more reasonable, with the average house coming in at £329,000. The majority of houses sold in York over the last year were semi-detached, and you’ll notice that these prices are right around the overall average price.
Terraced properties, which are generally smaller, are a little cheaper again, at an average cost of £277,000, while flats and maisonettes go for £198,000 on average.
Are property prices rising in York?
What’s interesting about recent property prices in York is that they fluctuate regularly, and not necessarily in line with prices in the surrounding area. Over the past year, house prices in York fell by 1.6%. By contrast, average house prices across Yorkshire and The Humber actually rose by 4.7% over the same period.
Where are the cheaper areas in York?
This dip in York house prices has been attributed to high interest rates, which have made mortgages unaffordable for many people. York has the highest-priced property across the wider Yorkshire area, so it could be that house buyers are being priced out of York — and looking further afield.
The average house price in nearby Tadcaster, for example, is £264,486, with terraced properties on the more affordable end of that at an average asking price of £215,583. Look a little further south to Selby and prices drop even further, with the average house price just £188,645.
If you want to buy in York itself, look to the west side of the city, around Holgate and Acomb. Here, you’ll find terraced properties available for around the £250,000 mark. By York standards, that’s a bargain.
Need to sell your property?
Whether you’re looking to sell up and move to York, or maybe to sell a property in York, if you’re looking to sell your house fast then you need to talk to SellHouseFast.co.uk. We’re an experienced property buying company, and we can offer you a fast, smooth, easy sale — with money in your bank as soon as next week.
When you sell to us, you don’t need to worry about renovating your home or telling your tenants to move out of your rental property. We buy any house, in any condition, which includes property with tenants still living in it.
We’ll handle all the paperwork and legal wranglings. All you have to do is fill in our simple form to tell us about your property, and we’ll get to work putting together an offer for you. If you’re happy, we’ll guide you through the rest of our simple process — no estate agent necessary. If you’re looking to sell fast, we’re the answer you’re looking for.
