York
Residential market update
For more property insight and professional advice on your home and the local market, your local Carter Jonas team are here to support you. Contact us or pop in to your local office to chat to the team.
020 7529 1538
Leslie Schroeder
Head of Residential Research
Email
01904 558200
Email
David Beattie
Head of Residential Sales
01904 558231
Email
David Sinclair
Associate Partner, Lettings
The average property price in York is currently just over £313,000. This figure highlights the continued strong demand and popularity of the local area, as it is over 50% higher than the regional average of £206,000.
AUTUMN 2025
"Residential market activity is slowly beginning to bounce back toward normal levels following the April 1st stamp duty changes. However, two factors: general economic uncertainty and global geopolitical concerns, are slightly dampening the market and restraining growth. The primary constraint is stretched affordability, as wage growth has lagged behind house price increases over the last 5-10 years. Nevertheless, buyer demand remains resilient. Given the expectation of at least one more interest rate cut in the next 6-12 months, we forecast consistent sales and price growth at a more sustainable rate of 1.5-2.5% in 2026."
Average annual price growth in York has been easing this year and is now sitting at just under 1%, down from 3.1% through 2024 and notably lower than the national average of 2.8%. This slower pace of growth is likely a reflection of York's already higher average price point.
In the private rental market, average rents in York are £1,126 per calendar month, according to the latest figures from the Office of National Statistics (ONS). This follows rapid rental growth of almost 22% over the last three years.
The official data from the ONS Price Index of Private rents suggests that rental growth has now eased considerably, rising by just 1.2% over the last 12 months. However, we have seen that for good quality, well located units, rents are still growing by anywhere between 4%-8% per annum
Key indicators
SALES
LETTINGS
50%
1%
22%
1.2%
Data dashboard
SALES market
rental market
Average sales
price
12 months ago
curreNT
£310,269
£313,030
1,472
1,278
Properties available monthly
244
163
Properties sold
monthly
1.33%
1.21%
Average discount on initial asking price
76
68
Average days on the market
curreNT
12 months ago
£1,092
£1,126
Average rental price (pcm)
761
771
Properties available monthly
29
27
Average days on the market
01904 558200
Email
David Beattie
Head of Residential Sales
Average monthly mortgage repayment**
(assume average house price of £313,030)
2.50%
2.90%
3.67%
2026
2028
2030
Interest rate forecasts
£1,468
£1,332
1,194
4.43%*
3.5%
£1,434
4.2%
£1,262
3.0%
2.5%
6.2%
5.3%
2.3%
2026
2028
2030
UK
house price growth
4.9%
3.9%
2.4%
2026
2028
2030
York house
price growth
Forecasts
4.2%
3.2%
2.0%
2026
2028
2030
Yorks & Humberside house price growth
Anual growth
1.2%
YORK:
5.7%
UK:
Average rental
price
£1,126
YORK:
£1,348
UK:
Annual growth
0.9%
YORK:
3.9%
YORKS & HUMBER:
Average property price
£313,030
YORK:
YORKS & HUMBER:
£205,656
Example mortgage rate
Sources used: Carter Jonas Research, HM Land Registry, ONS Price Index of Private Rents, Oxford Economics (forecasts), REalyse (data dashboard, 12-month rolling averages)
* Average rate at early October 2025
**Average monthly mortgage repayments: 25 year period, 15% deposit. Mortgage rates are not forecasts but examples and are for illustrative purposes only.
We’re looking at what’s driving the property market right now and how it’s playing out in your area. Read our Autumn/Winter 2025 local market report for the latest property data and insight.