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Huddersfield Property Prices: A Recent History

<p style&equals;"text-align&colon; justify">If you bought your house before the millennium in 2000&comma; you might be surprised to learn just how much your property has appreciated in value in just over a decade&period; Although national house prices rose significantly during this period&comma; with the exception of the economic crisis between 2008-12&comma; Huddersfield in particular benefited from huge gains in property prices in the region&comma; as a recent survey by The Huddersfield Daily Examiner http&colon;&sol;&sol;www&period;examiner&period;co&period;uk&sol;news&sol;west-yorkshire-news&sol;how-much-huddersfield-house-prices-7863213 shows&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">So exactly how much have values gone up&comma; and why might this be&quest; This short history of 21st century Huddersfield will shed light on the matter&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Huge Rises in House Prices<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">Believe it or not&comma; Huddersfield house prices have roughly doubled since the year 2000&comma; whilst central properties with a HD1 postcode can be expected to ask 163&percnt; more for their houses than fourteen years ago&period; That is above the average rate of inflation for the whole country&comma; which sits at around 140&percnt;&period; Central properties have had significantly larger gains than the suburbs of the town&comma; However this appreciation of regional properties has extended to neighbourhoods such as Bradley&comma; with a respectable doubling in house prices&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>A Century of Improvement<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">Although the property market has gained in value throughout the country&comma; this alone cannot explain the great gains in Huddersfield in particular&period; Various improvements in the town that have made it a happier place to live and work over the past decade can also be thanked&period; Not to mention a place to study&comma; as The University of Huddersfield has become an award-winning https&colon;&sol;&sol;www&period;hud&period;ac&period;uk&sol;about&sol;the-university&sol;our-awards&sol; institution for higher education that attracts thousands of students ever year&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">The town is also well established as a hub for private sector business&semi; in the three months leading to October 2014 alone there has been £21&comma;000&comma;000 of new investment in such businesses in Yorkshire and the Humber&period; This is just one sign of the growing importance of Northern towns in the UK economy that has had a positive effect on house prices&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>An Attractive Market<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">These huge increases in property prices make it an appealing time to sell for homeowners looking to move&comma; especially in areas where values have increased above the regional and even national average&period; However the market is also an attractive one for buyers&comma; as Yorkshire properties are still much more affordable for first time buyers than those in the South&period; This regional growth in prices combined with the relatively low ranking against the national averages&comma; means that towns such as Huddersfield are attracting more and more interest from those wanting to get their foot on the ladder&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">As the economy shows a stable outlook and the results of fourteen years of impressive regional growth come in&comma; it seems that now is both a great time to buy and sell property in Huddersfield&period; Whether you are looking for a new home in an up-and-coming region&comma; or you want a fresh start in the area&comma; the town has much to offer in 2014&sol;2015&comma; give it some thought&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">Article written by Kelly Gilmour-Grassam with helpful information from ADM Residential&period; Kelly can be found on twitter&comma; where you can follow her &commat;KellyGGrassam&period;<&sol;p>&NewLine;

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