Figures just released by the Office for National Statistics (ONS) show that the North East of England has shown the lowest property price rises in the year to October 2015 than any other region of England, with Yorkshire and the Humber second lowest.
The figures fall a long way short of the national figures for England (a 7.4% increase year-on-year) and the UK as a whole (a 7.0% rise), with only Wales and Scotland performing worse. The average price of a property in the North East now stands at £158,000, the joint lowest region, with Yorkshire and the Humber recording £183,000.
Separate figures from the LSL New Build Index, which looks only at new homes, showed average prices rising just 1.3% in the North East in the 12 months to the end of October, and an increase of 2.0% for Yorkshire and the Humber. The two regions remain among the most affordable in relation to local average wages, however, the average price of a brand new starter home hovering around 4.0 and 3.9 times average annual salary respectively.
Here’s our pick of the best starter homes and family homes available in the North East and Yorkshire right now...
Elba Park in Houghton-le-Spring, Tyne & Wear (David Wilson Homes)
Built on the land of the former Lambton coke works, this development of two-, three-, four- and five-bedroom homes sits in a newly created 52-hectare park, and is surrounded by country walks and trails. This new community has proved to be extremely popular with families and professionals alike since work started on the project in 2011. The completed site will comprise 359 homes and is due to be completed in 2017.
Some77,000 new trees have been planted on this development and 3,700 metres of new paths and cycle tracks created, setting these new homes within a delightful landscape that will only improve as it matures.
With the A1 close by, there is convenient access to Newcastle-upon-Tyne, Sunderland, Durham and Darlington, making this an ideal base for commuters,
Prices: From £191,500
Find out more about Elba Park from David Wilson Homes
Central Park in Darlington, County Durham (Keepmoat Homes)
There are no fewer than three show homes now open at this £170m regeneration scheme being developed by the housebuilder in partnership with Darlington Borough Council and The Homes and Communities Agency. The first phase of the scheme will provide 327 two-, three- and four-bedroom homes providing a mix of house types that are ideal for first-time buyers, families and professionals.
The town centre is less than a five-minute walk away and close to the main railway station and beside Darlington College and Teesside University (a potential buy-to-let tenancy opportunity).
Darlington has over 500 shops and independent stores. The Cornmill indoor shopping centre includes over 40 stores alone, including many high street names. There’s also a Victorian covered market and an outdoor market on Mondays and Saturdays. The redeveloped, largely pedestrianised town centre is also soon due to be home to the completed Feethams Leisure Project, which will include a multiplex cinema, hotel, shops and restaurants.
Find out more about Central Park from Keepmoat Homes
Cornelian Fields in Scarborough, North Yorkshire (Kebbell Homes)
A new and beautifully appointed three-bedroom show home was recently unveiled at Cornelian Fields, where just five properties remain for sale in the first phase.
The three-bedroom semi-detached ‘Embleton’ show house has been professionally dressed to appeal to young families and first-time buyers alike, with a glamorous fitted kitchen, landscaped rear garden, en suite and fitted wardrobes to the master bedroom, fitted wardrobes to another of the double bedrooms and underfloor heating to the ground floor, as well as a garage and parking space.
Linda Tillsch, northern sales manager for Kebbell Homes, says: ““Our ‘Embleton’ home is available with the government-backed Help to Buy scheme, which allows buyers to purchase using a 5% deposit and 75% mortgage, backed up with a 20% equity loan provided by the government.
The sales office and show homes are open Thursday to Monday from 10.00am to 5.00pm
Prices: From £192,500
Find out more at www.kebbell.co.uk ; 01723 586858
Abode Horsforth in Horsforth, West Yorkshire (Redrow Homes)
New show homes typifying the contemporary Abode range of house types have been opened at this development just north of Leeds. This new collection of homes is a departure from Redrow’s traditional stylings and presents an ‘uncluttered’ but smart façade, with a host of in-vogue features such as wet rooms, underfloor heating, lots of discreet storage and wide open living spaces.
Redrow’s sales director in Yorkshire, Patsy Aicken, says: “The modern, streamlined two- and three-bedroom homes at Abode Horsforth are versatile and cater for busy people who like to entertain, making them ideal for young professionals or couples who live a very sociable lifestyle.”
Those keen to find out more about these homes, and the Help to Buy scheme available to purchasers, can now visit the new Abode show homes and marketing suite on Low Hall Road, which are open daily from 10.00am until 5.30pm.
Prices: From £269,950
Find out more at www.redrow.co.uk ; 0113 440 7826
Little Weighton Road in Walkington, East Riding of Yorkshire (Risby Homes)
The individual development plot of this project is situated to the rear of 28 Little Weighton Road and it will benefit from a private entrance drive into a courtyard area. The garden will offer the buyer privacy and security. The house has a hallway leading to a large, open-plan kitchen/dining/family room, utility room, a separate living room, cloakroom, family bathroom and four double bedrooms, with fitted wardrobes to three rooms and an en suite to the large master bedroom.
Walkington is a popular rural village situated to the south-west of Beverley, with a range of shops facilities and amenities including local church, three local pubs, a local supermarket and primary school with excellent Ofsted report and results. The village is close to the M62 corridor, providing access to Leeds and the West Riding and M1 north and south.
Find out more at www.risbyhomes.co.uk ; 01482 875522
Elevation in Sheffield, South Yorkshire (Kier Living)
This collection of two-, three- and four-bedroom new homes is located less than two miles from Sheffiled city centre.The Granville Road tram stop is almost on the doorstep, taking you into the centre in no time at all. The specification includes gas central heating, a choice of finishes to the fitted kitchen, integrated appliances and high-quality bathroom tiling and sanitaryware.
The city has a wealth of shops and amenities. In addition to a wide range of brand-name and independent stores, Moor Market offers nearly 200 stalls covering everything from greengrocery to jewellery and shoe repairs.
Despite its industrial reputation, Sheffield is a green city of over 250 parks and gardens. Other features include the Winter Garden, one of the largest temperate glasshouses to be built in the UK during the last hundred years, and the world-famous Crucible theatre, home to the World Snooker Championships.
Prices: From £249,995
Find out more about Elevation from Kier Living