Calderdale house prices increased more than Yorkshire's average in July
and live on Freeview channel 276
The boost contributes to the longer-term trend, which has seen property prices in the area achieve 1.6% annual growth.
The average Calderdale house price in July was £148,902, Land Registry figures show – a 1.7% increase on June.
Advertisement
Hide AdAdvertisement
Hide AdOver the month, the picture was similar to that across Yorkshire and The Humber, where prices increased 1.5%, and Calderdale outperformed the 0.5% rise for the UK as a whole.
Over the last year, the average sale price of property in Calderdale rose by £2,300 – putting the area 16th among Yorkshire and The Humber’s 21 local authorities for annual growth.
The best annual growth in the region was in Ryedale, where properties increased on average by 7.7%, to £250,000. At the other end of the scale, properties in Bradford dropped 0.4% in value, giving an average price of £138,000.
Winners and Losers
Owners of semi-detached houses saw the biggest improvement in property prices in Calderdale in July – they increased 2%, to £167,732 on average. Over the last year, prices rose by 2.6%.
Among other types of property:
Advertisement
Hide AdAdvertisement
Hide AdDetached: up 1.8% monthly; up 2.1% annually; £272,373 average
Terraced: up 1.5% monthly; up 1.5% annually; £124,579 average
Flats: up 1.9% monthly; down 1.6% annually; £101,478 average
First steps on the property ladder
First-time buyers in Calderdale spent an average of £128,700 on their property – £1,700 more than a year ago, and £16,300 more than in July 2015.
Advertisement
Hide AdAdvertisement
Hide AdBy comparison, former owner-occupiers paid £165,800 on average in July – 28.9% more than first-time buyers.
How do property prices in Calderdale compare?
Buyers paid 13.1% less than the average price in Yorkshire and The Humber (£171,000) in July for a property in Calderdale. Across Yorkshire and The Humber, property prices are low compared to those across the UK, where the average cost £238,000.
The most expensive properties in Yorkshire and The Humber were in Harrogate – £288,000 on average, and 1.9 times as much as in Calderdale. Harrogate properties cost 2.5 times as much as homes in Hull (£117,000 average), at the other end of the scale.
The highest property prices across the UK were in Kensington and Chelsea, where the average July sale price of £1.2 million could buy 14 properties in Burnley (average £91,000).