HARROGATE - Knight Frank · of Knight Frank data showed a 24% increase in new buyer registrations...
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Contains OS data © Crown Copyright and database right 2017 Sub £200,000 £200,000 - £400,000 £400,000 - £600,000 £600,000 - £800,000 £800,000+ HARROGATE SALES MARKET INSIGHT – 2018 Market update Property prices in Harrogate rose 5.2% over the year to November according to the Land Registry, compared with growth of 3% across Yorkshire. Outperformance in the town has been underpinned by a pick-up in demand, which has been registered in spite of wider Source: Knight Frank Research Source: Land Registry Detached Semi-Detached Terraced Flat 18% 25% 30% 26% 2000-present 1973-1999 1945-1972 1900-1939 Pre-1900 19% 18% 28% 24% 10% Property prices in Harrogate Achieved prices, 3 years to December 2017 Daniel Rigg, Head of Knight Frank Harrogate “While demand picked up over the last year, this has not been matched by an increase in stock levels. This has underpinned pricing, especially in the town centre where competition for the best homes such as those bordering The Stray or on The Duchy has been strong. We have completed a number of notable deals over the past 12 months. Well-presented and competitively-priced properties are selling, though buyers are mindful of higher rates of stamp duty levied at the top end of the market.” political and economic uncertainty as well as higher levels of taxation for prime properties. An analysis of Knight Frank data showed a 24% increase in new buyer registrations in Harrogate in 2017 compared with 2016 and a 30% rise in the the number of property viewings conducted over the same time. 5.2% price change in the year to November 2017 27.8% price change in the five years to August 2017 Harrogate: Fact file Property type Harrogate, all properties Property age Harrogate, all properties
Transcript of HARROGATE - Knight Frank · of Knight Frank data showed a 24% increase in new buyer registrations...
Contains OS data © Crown Copyright and database right 2017
Sub £200,000
£200,000 - £400,000
£400,000 - £600,000
£600,000 - £800,000
£800,000+
HARROGATE SALES MARKET INSIGHT – 2018
Market update Property prices in Harrogate rose 5.2% over the year to November according to the Land Registry, compared with growth of 3% across Yorkshire. Outperformance in the town has been underpinned by a pick-up in demand, which has been registered in spite of wider
Source: Knight Frank Research Source: Land Registry
Detached
Semi-Detached
Terraced
Flat 18%
25%
30%
26%
2000-present
1973-1999
1945-1972
1900-1939
Pre-1900 19%
18%
28%
24%
10%
Property prices in Harrogate Achieved prices, 3 years to December 2017
Daniel Rigg, Head of Knight Frank Harrogate“ While demand picked up over the last year, this has not been matched by an increase in stock levels. This has underpinned pricing, especially in the town centre where competition for the best homes such as those bordering The Stray or on The Duchy has been strong. We have completed a number of notable deals over the past 12 months. Well-presented and competitively-priced properties are selling, though buyers are mindful of higher rates of stamp duty levied at the top end of the market.”
political and economic uncertainty as well as higher levels of taxation for prime properties. An analysis of Knight Frank data showed a 24% increase in new buyer registrations in Harrogate in 2017 compared with 2016 and a 30% rise in the the number of property viewings conducted over the same time.
5.2% price change in the year to November 2017
27.8% price change in the five years to August 2017
Harrogate: Fact file
Property type Harrogate, all properties
Property age Harrogate, all properties
RESIDENTIAL RESEARCH
Source: Land Registry Source: Rightmove
Source: Knight Frank Research / Land RegistryNote: Variations in average sold prices between different time periods reflect stock sold and do not necessarily indicate price growth
Price growth compared Indexed 100 = Jan 2007
Harrogate: Stock levels fall Total properties listed for sale
Transaction volumes and pricing data in Harrogate
HARROGATE SALES MARKET INSIGHT 2018
Contains OS data © Crown Copyright and database right 2017
HARROGATE SALES
COUNTRY HOUSE SALES
RESIDENTIAL RESEARCH
£/psf in Harrogate (average) sales in the 3 years to December 2017
Daniel RiggPartner, Office Head+44 14 2353 [email protected]
Harlan PollittAssociate+44 14 2353 [email protected]
Edward WeltonPartner+44 20 7861 [email protected]
Oliver KnightAssociate+44 20 7861 [email protected]
LONDONHARROGATEYORKSHIRE & THE HUMBER
80
90
100
110
120
130
140
150
160
170
180
190
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007 150
200
250
300
350
400
450
500
Dec-1
7
No
v-17
Oct-
17
Sep
-17
Aug
-17
Jul-
17
Jun-1
7
May-
17
Ap
r-17
Mar-
17
Feb
-17
Jan-1
7
0
100
200
300
400
500
600
TRANSACTIONS AVERAGE SALE PRICE (ALL MARKET)
Averag
e price o
f all salesN
umb
er o
f sa
les
2009 2010 2011 2012 2013 2014 2015 2016 2017£0
£50,000
£100,000
£150,000
£200,000
£250,000
£300,000
£350,000
Source: Land Registry / EPC
Important Notice
© Knight Frank LLP 2018 – This report is published for general information only and not to be relied upon in any way. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever can be accepted by Knight Frank LLP for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of Knight Frank LLP in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of Knight Frank LLP to the form and content within which it appears. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered office is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names.
Sub £200
£200 - £250
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