Feb 07, 2023 by HM

House prices in Skipton (BD23 1)

This article reveals price per square metre data and various charts to help you understand current housing market in Skipton (BD23 1).

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Price per square metre

Knowing the average house price in Skipton is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 15, Marton Street, Skipton, sold for £169,500 on Sep-2023. Given the internal area of 90 square metres, the price per sqm is £1,883.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 153 sales in Skipton (BD23 1) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Skipton (BD23 1). Of the 153 transactions, half were sold for between £2,470 and £3,570 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,570m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BD23 1' is £3,030. The table below shows how 'BD23 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BD23 5 Grassington	£3,230m2	£3,820m2	£4,380m2
BD23 1 Skipton	£2,470m2	£3,030m2	£3,570m2
BD23 3 Gargrave	£2,550m2	£3,090m2	£3,760m2
BD23 4 Hellifield	£2,420m2	£2,930m2	£3,500m2
BD23 6 Embsay	£3,010m2	£3,580m2	£3,990m2
BD23 2 Skipton	£2,200m2	£2,580m2	£3,130m2

Will Skipton house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BD23 1 (Skipton). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BD23 1 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Skipton and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Skipton data or any other data I am given.

Price map for Skipton

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Skipton. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Skipton

Street level data

Street	Avg size	Avg £/m2	Recent sales
Broughton Road, Skipton, BD23 1F	74m2	£2,388	16
Belgrave Street, Skipton, BD23 1Q	110m2	£2,353	11
Regent Drive, Skipton, BD23 1A	97m2	£3,567	11
Windsor Avenue, Skipton, BD23 1H	78m2	£3,151	10
Marina Crescent, Skipton, BD23 1T	70m2	£2,364	10
Hayton Way, Skipton, BD23 1D	109m2	£3,424	9
Gargrave Road, Skipton, BD23 1Q	138m2	£2,456	9
Broughton Grove, Skipton, BD23 1T	62m2	£2,418	9

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Station View, Skipton, BD23 1T	98m2	£2,836	11

Station View, Skipton, BD23 1T has seen 11 new build sales in the last 4 years (average price £199,168). These new build homes typically have an internal area of 98 m2, with an average price of £2,836 m2. This £sqm average is £-194 below the average for BD23 1. New builds typically command a £ per sqm premium. In the case of Station View the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Skipton is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
15, Marton St, Skipton	£169,500 Sep-2023	90	1,883
9, Broughton Crescent, Skipton	£186,000 Aug-2023	66	2,818
Chapelcroft, Chapel Hill, Skipton	£615,000 Aug-2023	142	4,330

See the entire list of all sales in Skipton (BD23 1) here.