York property prices rise 10 times faster than gross wages

In keeping with the similar theme from my previous article regarding York Property prices potentially spiralling out of control, I thought I’d expand on just how unaffordable property prices in York have become. Without stating the blindingly obvious, the too main ways of buying a property,  whether it be to live in or as a … More York property prices rise 10 times faster than gross wages

York property prices rise 10 times faster than gross wages

In keeping with the similar theme from my previous article regarding York Property prices potentially spiralling out of control, I thought I’d expand on just how unaffordable property prices in York have become. Without stating the blindingly obvious, the two main ways of buying a property,  whether it be to live in or as a … More York property prices rise 10 times faster than gross wages

Are York property prices spiralling out of control?

Yes, I am aware just how much I sound like a broken record when I harp on endlessly about how property prices in York have risen exponentially and continue to do so.  In part, it comes down to simple Economics which drives property prices.  Property, being a limited commodity, as supply of housing remains grows … More Are York property prices spiralling out of control?

Are York property prices spiralling out of control?

Yes, I am aware just how much I sound like a broken record when I harp on endlessly about how property prices in York have risen exponentially and continue to do so.  In part, it comes down to simple Economics which drives property prices.  Property, being a limited commodity, as supply of housing stock grows … More Are York property prices spiralling out of control?

The Financial Impact of void periods on the Private Rental Sector in York

There are two types of individual in the Property Investment world, your landlords and your investors.  Landlords are generally more hands on with their tenants and in some cases, deal with maintenance themselves directly whereas investors are significantly lower touch and prefer to just focus on the numbers i.e. chasing yields and capital growth.  That’s … More The Financial Impact of void periods on the Private Rental Sector in York

York Property Market Insights – Episode 6

In last week’s article, one statistic that became apparent, is that property prices in York have increased by an average of 4.77% over the last twelve months. This is certainly indicative of this months’ Halifax and Nationwide House Price Indexes, which both boast growth in property prices across the UK. In the last month, Halifax … More York Property Market Insights – Episode 6

Does York have the most affordable properties in Yorkshire?

Something that may have caught your attention in all the articles I’ve written is how property prices have grown in York. Full disclosure, capital growth has reached several areas across Yorkshire and not just our beautiful city According to the Land Registry, in 2018 alone, property prices rose by 4.77% in York, 1.11% in Doncaster, … More Does York have the most affordable properties in Yorkshire?

How price sensitive has the York Property Market been over the last 12 months?

A lot of the data I pull together and commentate on is based on the York property market holistically.  I mentioned in a previous article how each suburb of York has its own micro-market.  For instance, a three-bed detached home in Acomb will have a different price band to one in Strensall.  I thought I’d … More How price sensitive has the York Property Market been over the last 12 months?