Local market reports › YO area › YO23 › YO23 2
South Bank market report YO23 2, York
The standing YO23 2 (South Bank) property market report, rebuilt from the full public record every month. Underneath every chart here sit 2,009 registered sales in YO23 2 (York) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 13 registered 2026 sales put the YO23 2 (York) median at £380,000, up 12% on five years earlier, with a mean of £427,500, and by floor area homes here have averaged about £4,300 per square metre over the last five years. Everything rests on 2,009 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
YO23 2 is a postcode sector: one group of streets inside YO23 (York). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where YO23 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What YO23 2 homes really sell for
In the YO23 2 property market, the 2026 median sale price is £380,000, from 13 registered sales; the mean, the "average house price" most sites quote, is £427,500, sitting somewhat above it, as happens wherever a market carries an expensive tail.
YO23 2 prices by floor area
Averaged across five years of sales, floor space in YO23 2 costs about £4,300 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Set against the £285,000 England and Wales median, YO23 2 sits 33% above the national market.
YO23 2's median sold price, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £380,000 | £380,000 | 13 |
| 2025 | £420,000 | £430,043 | 65 |
| 2024 | £397,500 | £422,624 | 70 |
| 2023 | £400,000 | £439,502 | 36 |
| 2022 | £353,800 | £414,871 | 42 |
| 2021 | £340,000 | £430,484 | 59 |
| 2020 | £330,000 | £428,182 | 54 |
| 2019 | £315,000 | £412,890 | 57 |
| 2018 | £325,000 | £433,231 | 53 |
| 2017 | £312,500 | £426,219 | 76 |
| 2016 | £304,000 | £425,299 | 50 |
| 2015 | £245,000 | £346,185 | 58 |
| 2014 | £240,000 | £340,482 | 69 |
| 2013 | £215,100 | £309,507 | 68 |
| 2012 | £222,800 | £327,934 | 54 |
| 2011 | £238,000 | £359,288 | 58 |
| 2010 | £232,500 | £364,620 | 44 |
| 2009 | £237,500 | £381,783 | 52 |
| 2008 | £237,000 | £388,493 | 37 |
| 2007 | £235,000 | £398,625 | 68 |
| 2006 | £224,500 | £389,703 | 86 |
| 2005 | £196,800 | £350,225 | 74 |
| 2004 | £189,800 | £344,714 | 62 |
| 2003 | £161,000 | £296,601 | 72 |
| 2002 | £148,500 | £279,401 | 71 |
| 2001 | £105,500 | £202,818 | 89 |
| 2000 | £85,000 | £166,813 | 73 |
| 1999 | £80,000 | £159,436 | 86 |
| 1998 | £82,800 | £167,138 | 78 |
| 1997 | £76,500 | £156,886 | 87 |
| 1996 | £67,000 | £141,300 | 79 |
| 1995 | £64,500 | £140,213 | 69 |
In cash terms the typical YO23 2 home went from £64,500 in 1995 to £380,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 171%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2023; the current median sits about 14% below that. Someone who bought at the 2023 peak has not yet seen that price back in real terms.
Year-on-year change in the YO23 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+40.8% on the year before); the weakest, 2026 (−9.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −9.5% | −11.6% |
| 5 years (since 2021) | +2.2% | −2.5% |
| 10 years (since 2016) | +2.3% | −1.1% |
| 20 years (since 2006) | +2.7% | −0.1% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Sales activity in YO23 2
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
YO23 2 recorded 13 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 74 sales a year before the financial crisis and 45 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The rental side of YO23 2
YO23 2 falls under York, where the ONS puts the average private rent at £1,182 a month (May 2026 figures). Size sets most of the rent: one-beds average £863 a month here against £1,725 for four or more bedrooms.
Average monthly rent by size, York
ONS Price Index of Private Rents, May 2026.
Against the £380,000 median purchase price, a rent of £1,182 a month (£14,184 a year) works out at a 3.7% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Reading the YO23 2 market
This is a thin market: 13 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict.
What people ask about YO23 2 (South Bank)
Is YO23 2 (South Bank) a good place to buy a house?
How much did a house sell for in YO23 2 (South Bank)?
Are property prices falling in YO23 2 (South Bank)?
What happens to YO23 2 prices now?
That question has no honest answer, only evidence. The evidence: the median is up 12% over five years in cash but down 12% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What is for sale in YO23 right now
This is what you could actually buy today: 30 homes currently on the market from 8 agents publishing to HomesIndex.
These cover the whole YO23 district, not just YO23 2: live asking prices are collected per district.
27% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every YO23 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in YO
Real sold prices by size across the YO area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £270,746 | £362,000 (+34%) | £546,000 (+51%) | £702,500 (+29%) |
| Semi-detached | £190,000 | £220,000 (+16%) | £269,950 (+23%) | £370,000 (+37%) | £445,000 (+20%) |
| Terraced | £182,000 | £210,000 (+15%) | £242,500 (+15%) | £318,000 (+31%) | £427,850 (+35%) |
| Flat | £135,000 | £180,000 (+33%) | £254,750 (+42%) | £300,000 (+18%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the YO area is the point: the same five years treated these districts very differently.
YO area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in YO23
Sector boundaries hide real price steps. The rest of YO23, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| YO23 1 | £341,200 | 78 |
| YO23 3 | £432,500 | 34 |
| YO23 7 | £395,000 | 2 |
Zoom out to the full YO23 district report for the type split, monthly volumes and how YO23 compares with its neighbours.
Selling in YO23 2? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at YO23 2's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim YO23 2.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to YO23 2. Free after a one click sign in.
See every individual YO23 2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.