The average property value in Craven is £281,160 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Craven grew by £21,949. Compare house prices by area
Average property prices in Craven grew by 8.5% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 2.9% per year.
If prices in Craven continue to rise by 2.9% a year, the average property price will be £315,622 in 2025.
There were 1,031 property sales in Craven in the year ending June 2021, an increase of 45 when compared to the previous year.
The average price for a house in Craven ranges from £205,377 for a terraced house to £445,214 for a detached house, with semi-detached in between costing on average £285,896.
The average price for a flat or maisonette in Craven is £169,944.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Craven, semi-detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 32.9% from £334,967 to £445,214, semi-detached house prices have risen 37.4% from £208,068 to £285,896, terraced house prices have risen 30.4% from £157,507 to £205,377, and flat prices have risen 13.8% from £149,298 to £169,944.
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The most common type of property sold in Craven during the year ending June 2021 was terraced houses, which accounted for 43.6% of properties.
The least commonly available type of property sold in Craven were flats, which account for 6.7% of properties sold.
Of the properties sold in Craven during 2021, 0.2% were new build properties.
The average price paid for a new build property in Craven was £77,518 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was semi-detached houses (100% of new build properties sold). For existing properties, the most common type is terraced houses (48% of existing properties sold).
The most common price band for property sales in Craven is £200k - £300k, which accounted for 18.7% of properties sold in 2021.
0.8% of properties in Craven had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Craven were in the £50k - £100k price bracket, accounting for 1.0% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics