Press Room
Market Towns Lead The Way
Appeal Of English Market Towns Keeps Wetherby Housing Market Resilient
In a recent house price review, English market towns were highlighted as among the most robust locations in the country, with values far out-stripping the county average in most cases.
Email4property.co.uk, the largest online network of local estate agents, focused on Wetherby for its monthly house price index, and results indicate a strong local market, boosted by demand for large family homes.
The email4property report shows that the average house price in Wetherby increased 155% from the year 2000, finishing 2007 at £271,222. A review of UK market towns by Halifax indicated continued robustness into 2008, with the average house price in Wetherby standing at £297,081 for the twelve months to March 2008.
Detached homes have consistently topped the property mix in Wetherby, comprising 37% of all sales, and achieving the town’s first £1m home sale in 2007.
David Bexon, Managing Director of email4property, comments: “Its location on a central point between Leeds, Harrogate and York, along with its famed ‘Britain in Bloom’ status, has made Wetherby one of the most popular market towns in the country."
“The town has wide appeal, offering an extremely picturesque place to live, with a stunning array of communal gardens, well-preserved period architecture and excellent local shopping, all within a twenty minute journey of three major Yorkshire cities.”
Wetherby polled fourth in the Halifax market town review, thanks to an average house price that surpasses the county average by 88%.
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Notes for Editors:
The Email4property Index is an annual monitor of housing transactions in
Wetherby using data from the Land Registry.
Article date: 7/23/2008 12:00:00 AM