19 April 2025

April 2025 Market Update.

April 2025 Market Update.

As of April 2025, the York property market is exhibiting a mix of stability and resilience, with some nuanced shifts across different property types and price brackets.

 

 

 House Prices

 

 

  • Average Sale Price: In Q1 2025, the average sale price for properties in York was approximately £368,224. The most active price band was £250,000 to £300,000, accounting for the highest number of sales . 
  • ONS Data: According to the Office for National Statistics, the average house price in York stood at £299,000 in February 2025, marking a slight decrease of 1.6% compared to February 2024 . 
  • Property Types: Detached properties averaged £490,000, while terraced houses were around £276,000. Flats and maisonettes had an average price of £181,000 . 

 

 

 

Market Activity

 

 

  • Sales Volume: A total of 1,120 properties were sold in the York area during Q1 2025, indicating a healthy level of market activity . 
  • Time on Market: Properties in York are spending an average of 15 weeks on the market before being sold . 

 

 

  Rental Market

 

 

  • Average Rent: The average monthly private rent in York was £1,117 in March 2025, reflecting a 2.6% increase from the previous year . 
  • Rental Trends: One-bedroom properties saw the highest annual rent increase at 3.3%, while four-bedroom or larger properties experienced a 1.1% rise . 

 

 

 

 Outlook

 

 

The York property market is expected to remain robust throughout 2025. The combination of affordability and sustained demand suggests that the market will continue to perform well, even amidst national economic fluctuations  .

 

If you’re considering selling your property, now appears to be a favorable time to engage with the market, given the steady demand and reasonable timeframes for sales.  Give us a call to Book your Free market appraisal if you want to discuss this in more depth .