Lloyds Bank

Lloyds Bank

January 06, 2014 07:36 ET

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 £1,152,0001, followed by Bracken Park (£956,000) and Wigton Lane (£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

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

Editors' Notes

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

1All 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."

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