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Figures released by the Office of National Statistics today revealed that average house prices in York were £194,000 in 2014
This compares to £179,995 in 2008 and £182,050 in 2013. In the intervening period house prices had dropped significantly (because of the recession).
During 2014 the average prices, by type of property, were:
A full list of comparable prices can be downloaded by clicking here
Sales have ranged from a 1 bedroomed house in Bellhouse Way which sold for £113,000, a two bedrooms flat in St James Croft at £130,000, a two bed semi in Willoughby Way at £148,000, a 3 bed terrace in Westfield Place for £157,000 while a 4 bedroomed house in Alness Drive at £305,000.
Manor Drive North
Info from mouseprice http://www.mouseprice.com
Several properties in Acomb sold for less than £120,000 recently.
With most people on the housing waiting list seeking one bedroomed properties, these homes represent an opportunity for the Council to add to its stock of socially rented property. They should at least consult home choice registered applicants to see whether the properties would meet their needs.
Recent sales have included
| Address | Sold price | Sold date | Type |
| 15, Eaton Court, YO24 3NJ | £110,000 | 31 Jan 2014 | 1 bed semi-D |
| 10, Invicta Court, YO24 3NN | £116,500 | 20 Feb 2014 | 1 bed terraced |
| 78, Cornlands Road, YO24 3EA | £146,500 | 31 Jan 2014 | 3 bed terraced |
| 7, The Knoll, YO24 3EB | £140,000 | 07 Feb 2014 | 3 bed semi-D |
| 144, St Stephens Road, YO24 3EF | £126,000 | 08 Jan 2014 | 3 bed semi-D |
| 150, Askham Lane, YO24 3HR | £145,000 | 29 Jan 2014 | 3 bed terraced |
| 73, Cornlands Road, YO24 3DX | £119,000 | 21 Feb 2014 | 2 bed semi-D |
| 24, Girvan Close, YO24 2XR | £325,000 | 17 Jan 2014 | 5 bed detached |
| 29, Troutbeck, YO24 2RE | £177,000 | 24 Jan 2014 | 2 bed semi-D |
| 2, Ryecroft Avenue, YO24 2RR | £201,500 | 31 Jan 2014 | 3 bed semi-D |
Some larger properties are being advertised for sale
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Properties without a chain include:
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Properties where the asking price has been reduced include:
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The rental market remains buoyant with the following currently available
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£625 pcm Invicta Court, Acomb, YO24 2 Bed Terraced
£675 pcm West Bank, York 2 Bed Flat
The latest House Price Index from Land Registry shows that house prices increased by 0.7 per cent in February.
The annual change in England and Wales stands at 5.3 per cent. In York values have yet to return to 2008 levels.
The number of property sales has increased over the last 12 months.
The Council has been forced to reveal, in a response to a Freedom of Information request, how much it has received in income from “right to buy” Council housesales
Over the last 2 years the Council has received over £4 million from sales.
Part of this has to be returned to central government but £2.5 million was available for the Council to spend on replacement properties.
Right to buy sales in York
It has so far only committed to invest £520,624 on new properties (Mainly those scheduled for sites like Beckfield Lane).
The information was released only a day after the Council Leader had been forced to agree to consider whether some of the £13 million surplus on the housing account could be used to purchase properties on the open market.
Liberal Democrat Councillors have pointed out for months that, with the majority of applicants on the housing waiting list seeking single bedroomed accommodation, the quickest way to address their needs would be to purchase empty homes from the open market.
Instead of using the considerable resources available to the Council to provide additional social housing, the Councils Leadership have engaged in an ultimately pointless ramble about introducing a cap on private sector rent levels.
Such a “cap” would require Parliamentary approval and would not ultimately be of much help to the less well off, who have at least part of their rent paid through housing benefit
Lower rent levels could, therefore, reduce government expenditure on benefit payments but would also drive many “buy to let” landlords from the market (as they would be unable to repay their mortgages)
The Council Leader has also claimed that house prices have increased in York.
Although there are “hot spots” in the City and some growth in house prices over recent months, as the graph shows, prices have still not returned to their 2008 peak.
House price trends in York area
