Feb 07, 2023 by HM

House prices in Skipton (BD23 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Skipton (BD23 2).

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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. Apartment 10 Burnside House, Carleton Road, Skipton, sold for £128,000 on Sep-2023. Given the internal area of 51 square metres, the price per sqm is £2,509.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 248 sales in Skipton (BD23 2) 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 2). Of the 248 transactions, half were sold for between £2,200 and £3,130 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,130m². 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 2' is £2,580. The table below shows how 'BD23 2' 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 2 (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 2 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
Castle Street, Skipton, BD23 2D	74m2	£2,234	19
Burnside Crescent, Skipton, BD23 2B	82m2	£2,418	18
Greatwood Avenue, Skipton, BD23 2R	73m2	£2,165	15
Hurrs Road, Skipton, BD23 2J	83m2	£3,295	15
Bennett Street, Skipton, BD23 2N	63m2	£2,242	14
Moorview Way, Skipton, BD23 2J	78m2	£3,444	14
Neville Street, Skipton, BD23 2E	89m2	£2,032	13
Moorview Way, Skipton, BD23 2T	81m2	£3,466	13

Search for your street here.

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
Apartment 10 Burnside House, Carleton Rd, Skipton	£128,000 Sep-2023	51	2,509
17, East Neville St, Skipton	£182,950 Sep-2023	97	1,886
13, Bold Venture St, Skipton	£211,000 Sep-2023	83	2,542

See the entire list of all sales in Skipton (BD23 2) here.