Homes and house prices: choice or scarcity?
From period townhouses to stone cottages, Yorkshire’s sheer scale brings genuine flexibility when it comes to housing. Savills research shows that average house prices across Yorkshire and the Humber sit at around £190,000-£195,000, notably below the UK average, reflecting the region’s size and diversity, which spans urban centres, former industrial towns and deeply rural villages. At the upper end of the market, however, values look very different. Prime homes in sought-after locations such as Harrogate, York, Ilkley and North Yorkshire’s market towns command a clear premium, driven by space, setting and lifestyle appeal. It’s this breadth that makes Yorkshire so compelling: a county where multiple markets comfortably coexist, and where buyers continue to be drawn to quality, character and long-term desirability.
That mix of relative value and prime appeal underpins Yorkshire’s longer-term outlook. Our latest forecasts suggest that Yorkshire and the Humber is set to see price growth of just over 28% over the next five years, placing it among the strongest-performing regions in the country. Much of that growth is expected to be driven by continued affordability, buyer demand from both regional and relocating purchasers, and strong transport connectivity. It’s a market that offers headroom now, with a clear growth story ahead.
Rutland tells a different story. As part of the East Midlands, it consistently sits at the top end of the regional price spectrum. Savills data shows the average house price in Rutland is currently around £400,000, making it the most expensive county in the East Midlands by some distance. That pricing reflects limited housing stock, tightly defined village boundaries and a buyer profile that places a premium on quality, schooling and surroundings rather than volume or density.
Looking ahead, Savills forecasts indicate the East Midlands as a whole is expected to see around 24-25% price growth over the next five years, supported by its central location, relative affordability compared with the South, and sustained demand from lifestyle and commuting buyers. In Rutland, that growth is likely to be characterised less by rapid movement and more by resilience, with low turnover and long-term ownership continuing to underpin values.