Buyers forking out at least £10,000 more on average, and most expensive areas revealed in Doncaster

Buyers had to fork out at least £10,000 more for homes in Doncaster last year, according to new figures which also reveal the most expensive neighbourhoods in the area.

Tuesday, 8th February 2022, 5:01 pm
Updated Tuesday, 8th February 2022, 5:02 pm

The impact of the coronavirus pandemic, which prevented house sales during the first lockdown, coupled with stamp duty holidays, has boosted the housing market across the UK since the world opened back up in 2020.

Office for National Statistics data shows the median house price hit £145,000 in Doncaster in the year to June – an increase of £10,000 compared to the previous 12 months.

House prices were also above pre-pandemic levels, with the average standing at £130,000 in the year to June 2019.

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The area recording the lowest average house price was Mexborough West

The median – the middle number in a series – is used to ensure the figures are not skewed by extreme highs or lows.

These neighbourhoods in Doncaster recorded the highest median house prices in the year to June:

- Tickhill and Wadworth: £250,000 – up from £209,000 in 2019-20

- Bessacarr Grange and Lakeside: £234,000 – up from £217,000

- Old Cantley, Auckley and Finningley: £234,000 – an increase from £190,000

- Sprotbrough: £225,000 – rising from £207,000

- Bessacarr Bawtry Road: £215,000 – up from £195,000

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By contrast, the area recording the lowest average house price was Mexborough West, where homes sold for around £81,500 in 2020-21.

The figures also show the number of homes sold in Doncaster rose year-on-year, from 3,839 to 3,901.

The largest proportion were in Bessacarr Grange and Lakeside, where 160 homes changed hands in the period.

Across England, residential property sales increased by ten per cent to 761,067.

Martin Beck, chief economic adviser of economic forecasting group EY Item Club, said while Government measures such as the stamp duty holiday brought forward house purchases last year, the market could be set to change.

He said: “The prospect of a series of interest rate rises by the Bank of England in 2022 will translate into higher mortgage rates.

“And cost of living pressures faced by households from rising inflation and taxes mean fewer people will be able to afford to borrow the necessary amount they need to buy at higher mortgage rates.”

In these confusing and worrying times, local journalism is more vital than ever. Thanks to everyone who helps us ask the questions that matter by taking out a subscription or buying a paper. We stand together. Liam Hoden, editor.