Doncaster house prices increased slightly – the average now costing £146,778
House prices increased slightly, by 0.4 per cent, in Doncaster in April, new figures show.
The boost contributes to the longer-term trend, which has seen property prices in the area achieve 13.5 per cent annual growth.
The average Doncaster house price in April was £146,778, Land Registry figures show – a 0.4 per cent increase on March.
Over the month, the picture was better than that across Yorkshire, where prices decreased 3.7 per cent, and Doncaster outperformed the 1.9 per cent drop for the UK as a whole.
Over the last year, the average sale price of property in Doncaster rose by £17,000 – putting the area 10th among Yorkshire and the Humber’s 24 local authorities for annual growth.
The best annual growth in the region was in Sheffield, where property prices increased on average by 15.6 per cent, to £192,000. At the other end of the scale, properties in Hull gained 2.1 per cent in value, giving an average price of £117,000.
Winners and Losers
Owners of semi-detached houses saw the biggest improvement in property prices in Doncaster in April – they increased 0.6 per cent, to £139,964 on average. Over the last year, prices rose by 13.4 per cent.
Among other types of property:
Detached: remained level over the month; up 13.8 per cent annually; £223,647 average
Terraced: up 0.4 per cent monthly; up 13.6 per cent annually; £111,415 average
Flats: up 0.3 per cent monthly; up 10.8 per cent annually; £86,924 average
First steps on the property ladder
First-time buyers in Doncaster spent an average of £131,000 on their property – £15,000 more than a year ago, and £27,000 more than in April 2016.
By comparison, former owner-occupiers paid £162,000 on average in April – 23.5 per cent more than first-time buyers.
How do property prices in Doncaster compare?
Buyers paid 18.2 per cent less than the average price in Yorkshire and The Humber (£179,000) in April for a property in Doncaster. Across Yorkshire and The Humber, property prices are low compared to those across the UK, where the average cost £251,000.
The most expensive properties in Yorkshire and The Humber were in Harrogate – £298,000 on average, and twice as much as in Doncaster.