Market Overview

Most Expensive Streets in Yorkshire and the Humber Lie in the Golden Triangle

LONDON, UNITED KINGDOM--(Marketwired - Jan. 6, 2014) - The most expensive streets in Yorkshire and the Humber are mainly in the area that makes up the so-called "Golden Triangle" between Harrogate, north Leeds and Wetherby, according to latest figures from Lloyds Bank. The region's most expensive street is Rutland Drive with an average price of GBP 1,152,000(1), followed by Bracken Park (GBP 956,000) and Wigton Lane (GBP 942,000) - both of which are in north Leeds.

Nitesh Patel, housing economist at Lloyds Bank, comments:

"Unsurprisingly, the most expensive residential streets in England and Wales are in London, but Rutland Drive takes the title in Yorkshire and the Humber. The biggest concentration of Yorkshire's expensive properties is in the "Golden Triangle" between Harrogate, north Leeds and Wetherby. The survey shows that the most expensive streets continue to be tightly clustered in relatively small areas."

Table 1: 20 Most Expensive Streets in Yorkshire and the Humber



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Average House Price
Street Name Area Postcode GBP - 2008/2013
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Rutland Drive Harrogate HG1 GBP 1,152,000
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Bracken Park Leeds LS14 GBP 956,000
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Wigton Lane Leeds LS17 GBP 942,000
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Queen Parade Harrogate HG1 GBP 881,000
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Main Street Harrogate HG3 GBP 848,000
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Whirlow Park Road Sheffield S11 GBP 766,000
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Gill Bank Road Ilkley LS29 GBP 739,000
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Lands Lane Knaresborough HG5 GBP 724,000
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Spofforth Hill Wetherby LS22 GBP 695,000
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Main Street Wetherby LS22 GBP 689,000
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Source: Land Registry and Royal Mail



Editors' Notes

Nitesh Patel, economist at Lloyds Bank, available for comment on 23, 24 and 27 December 2013.

(1)All prices are based on transactions between January 2008 and October 2013 recorded on the Land Registry database for transactions in England and Wales.

The data in this report are compiled from over 1.78 million UK post codes supplied by the Royal Mail in conjunction with the Land Registry database of housing transactions and prices.

House prices shown in the tables are arithmetic average prices of house transactions between January 2008 and October 2013. The transactions data is sourced from the Land Registry, and individual post codes (and not street name, as there can be several occurrences with same name) from the Royal Mail. Only post codes/streets where there have been at least seven transactions over the period are included.

"This report is prepared from information that we believe is collated with care, however, it is only intended to highlight issues and it is not intended to be comprehensive. We reserve the right to vary our methodology and to edit or discontinue/withdraw this, or any other report. Any use of this report for an individual's own or third party commercial purposes is done entirely at the risk of the person making such use and solely the responsibility of the person or persons making such reliance."

(C) Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.

Viewers of this Information are granted permission to access this Crown copyright material and to download it onto electronic, magnetic, optical or similar storage media provided that such activities are for private research, study or in-house use only. Any other use of the material requires the formal written permission of Land Registry which can be requested from us, and is subject to an additional licence and associated charge.


FOR FURTHER INFORMATION PLEASE CONTACT:
Lloyds Bank
Press Office
0207 356 2374


Lloyds Bank
Chris Tuttlebee
020 7356 1343
Christopher.Tuttlebee@lloydsbanking.com


Lloyds Bank
Emma Varty
0207 574 8649
Emma.Varty@lloydsbanking.com


Lloyds Bank
Laura Ellman
020 7356 2200
Laura.ellman@lloydsbanking.com

 

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