Book a Property Valuation

Regional Property Market Update Spring 2021: North East, Yorkshire and The Humber

Regional Property Market Update Spring 2021: North East, Yorkshire and The Humber

News & Legislation GPEA 25th February 2021

Average annual price growth in the North East (8.3%) and in Yorkshire and the Humber (9.7%) is higher than the UK average. In eleven areas the annual rate of price growth currently exceeds 7.5%. 

Although Rightmove report that average asking prices fell by 2.2% month on month in each region in January, properties are selling more quickly than a year ago.

 

Annual price growth has strengthened across the UK in recent months

Spring 2021 property maket update - North East England regional table

 

Most active housing markets across the North East and Yorkshire region

Average property prices in the North East and Yorkshire and the Humber are more expensive than a year ago and activity across the market is robust. On average 3.5% of private properties are sold each year, with turnover in Selby more than 4%. Over 12,300 new homes were registered for sale during 2020, and nationally registrations have been on an upward trend since September.

First-time buyers were particularly affected by the closed housing market and the stricter mortgage lending that followed. However, buyer numbers have recovered steadily, with transactions just 2% lower year on year during the final six months of 2020 (UK Finance). The number of High Loan-to-Value (LTV) mortgage products has also increased, Moneyfacts reporting there were 169 products available at 90% LTV in January, over double the number available back in July. Lending rates remain low, the average mortgage rate the lowest in history.

 

Spring 2021 property maket update - North East England region house prices

 

VIEW THE FULL NORTH EAST REGIONAL REPORT

 

 

Properties for sale in the North East and Yorkshire region

Barnard Castle, Durham, 3 bedrooms

Durham pretty stone terraced houses with gardens

This beautifully presented, stone-built family home has accommodation set over three floors, with two reception rooms, a breakfast-kitchen, three bedrooms, a bathroom and a WC. Close to the centre of a highly sought-after village, this charming home also benefits from a lawned front garden and rear courtyard.

 

Aberford, West Yorkshire, 5 bedrooms

West Yorkshire stone built charming village cottage with blue door.

Originally two cottages, this detached period stone cottage has been skilfully converted and extended to provide a spacious five-bedroom family home with an open-plan kitchen and diner and two generous reception rooms with charm and character throughout. The home further benefits from a single garage and south-facing gardens.

 

Seaton Ross, East Riding of Yorkshire, 4 bedrooms

Yorkshire pretty brick built country farmhouse England.jpg

This well-presented country cottage is situated in the popular village of Seaton Ross and features four double bedrooms including one with an en suite, four reception rooms and a breakfast-kitchen. The property offers a myriad of character features such as beamed ceilings, slate floors and exposed brickwork. To the front there is ample parking and access to a beautiful garden.

 

Contact us

Looking to sell your home? Get in touch with the best agents in your area and find your local Guild Member today.

 

BOOK A VALUATION

 

Pwy ydym ni?

Mae Williams & Goodwin The Property People yn aelodau o’r Gymdeithas Gweithwyr Eiddo Proffesiynol, Cymdeithas Genedlaethol y Gwerthwyr Tai, y Gymdeithas Asiantwyr Gosod Preswyl a Chymdeithas Genedlaethol y Priswyr a’r Arwerthwyr. Rydym hefyd yn Syrfewyr Prisio Siartredig ac yn aelod o Rwydwaith Cenedlaethol o tua 800 o Asiantau Tai annibynnol.

Mwy amdanom ni






Cyfieithwyd y wefan hon gan Bla Translation Ltd
mail@bla-translation.co.uk
www.bla-translation.co.uk

Cysylltu â ni

Eisiau gwybod mwy am Williams & Goodwin a’r gwasanaethau rydym yn eu cynnig, ffoniwch neu anfonwch e-bost atom heddiw.

Caernarfon - 01286 677 775
Bangor - 01248 355 333
Llangefni - 01248 751 000
Holyhead - 01407 760 500
Property Management - 01248 72 40 40
All Wales Auction - 01248 75 39 39

Cliciwch ymai weld manylion llawn ein swyddfeydd


 
 
 
©2021 Williams & Goodwin The Property People Cymru. All rights reserved. Terms and Conditions | Privacy Policy | Cookie Policy | Members Login
Registered in England & Wales. 

Check mortgage eligibility online