YORK city centre has seen the UK's highest increase in buyer demand for property in the first four months of this year, according to new figures.
A Rightmove survey found there had been increases in buyer demand nationally, with flats leading the way, with a 39 per cent increase in demand, ahead of bungalows at 30 per cent and detached houses at 26 per cent. And York city centre has seen the biggest increase in the UK - 76 per cent - in city centre buyer demand between January and April 2021.
Amy Leslie, sales negotiator at Churchills Estate Agents in Gillygate, said: “We’ve been really, really busy. A lot of the local agencies have a lot less stock than usual because properties are selling so quickly.
“The Bishopthorpe Road area and city centre are so popular, and properties are selling over the asking prices. It’s definitely a very buoyant market.”
Average UK house prices soared by 10.2 per cent in the year to March, the highest annual growth rate for 14 years, according to official figures.
The Office for National Statistics said average prices rose by £24,000 to £256,000 - a new record high.
Tanya Coffey, associate director of residential sales at Savills in York, said: “While more garden and outdoor areas – as well as homes with a separate space to work – are currently top of buyer wish lists up and down the country, town centre living is still an attractive proposition for many and there has certainly been a noticeable resurgence within the central York market since the turn of the year.
“What puts places like York at a distinct advantage is that not only does it provide beautiful city living but it is incredibly convenient for commuters working in other cities across Yorkshire, many of which can be reached in under an hour.”
Jack Griffin, an estate agent at Ashton’s in York, said: “I would agree with the figures. We have seen a significant uptake in residential properties in the York area, especially within YO1 where people are looking to get back to life as we had it pre-Covid. And we are finding people moving from key areas in the south to York."
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