How much does one square metre of property cost in Yorkshire?
PUBLISHED: 16:10 11 October 2017
Joan Russell Photography
When it comes to property, the old adage is location, location, location. For many though, size is important. We take a look at what areas give you more for your money in terms of house size.
Homes in York can cost twice as much as in other areas of Yorkshire, despite being the same size, according to Office for National Statistics (ONS) analysis of 2016 property prices.
In 2016 the average cost of property sold in England and Wales was £2,395 per square metre with the highest price per square metre registered in Kensington and Chelsea at a staggering £19,439.
York and Harrogate are the only local authorities the county that register prices per square metre at above the national average at £2,655 per m2 and £2,579 per m2 respectively.
The areas around the two national parks of the Yorkshire Dales and the North York Moors register highly in terms of cost per square metre, with Hambleton, Craven, Ryedale and Richmondshire all above the county average.
It was also found that you will pay up to an extra £200 per square metre for a property in Leeds than you would in Sheffield. The cost per square metre in the West Yorkshire city was £1,920 compared to £1,690 in the Steel City.
With the growing employment in Leeds, people who commute for work to the city can find good value for money in the surrounding areas of West Yorkshire. Kirklees £1,492 per m2; Wakefield £1,427 per m2 and Bradford £1,433 per m2, offer a cheaper option than living in the city.
If you’re looking for size rather than location, then locations in South Yorkshire such as Rotherham, Doncaster and Barnsley has some of the cheapest locations in the county, with the City of Hull in the East of Yorkshire being the cheapest at £1,127 per square metre.