A Guide to Living in Cracoe
Emma Field, Senior Sales Negotiator, at our Skipton office, takes a closer look at Cracoe and the current market conditions.
The village of Cracoe is located approximately six miles north of the historic market town of Skipton and around three miles from the popular and picturesque village of Grassington.
Whilst surrounded by beautiful countryside with rolling fields and moorland very typical of the Yorkshire Dales National Park, Cracoe nevertheless has a thriving community, with a well-regarded primary school, village hall, Devonshire Arms public house, farm shop and nursery centre.
Secondary education is available at either the Upper Wharfedale School in Threshfield or in Skipton where there is a choice of selective or non-selective education with Ermysted’s Grammar School, Skipton Girls’ High School and The Skipton Academy.
We take a closer look at the property market in Cracoe
Cracoe, with an overall average property price of £372,116 was more expensive than the average values in Yorkshire and the Humber (£158,406).
Overall sold prices for terraced houses in Cracoe over the last year were 30% up on the previous year and 20% up for detached homes.
The majority of sales in Cracoe during the last year were detached properties, selling for an average price of £476,075. Semi-detached properties sold for an average of £290,665, with terraced properties fetching £269,898.
If you’re looking to buy, have a read of our top tips to help make the process as seamless and stress-free as possible.
Know your finances
Whether you will be buying cash or you require a mortgage, know your finances and what you can comfortably afford. If you require a mortgage, do the leg work first and speak to an independent mortgage broker to see what you can borrow to work out whether that dream home is within your reach. We have an in-house Mortgage Advisor from Mortgage Advice Bureau who will be able to give you straight-forward and honest advice with no obligation.
Do your research
This is likely the biggest purchase you will make so think about what is most important to you. If you are unfamiliar with the area do a drive past first to see if the area is for you.
Have your paperwork ready
Once you have found that dream home the agent will require a number of documents before they will be able to take the property off the market. The agent will need to see proof of your finances so make sure you have that mortgage agreement in principal ready. The agent may also need to see proof of your deposit and your ID so make sure you have those to hand.
Choosing the right solicitor
A good solicitor makes all the difference when buying or selling a property. Speak to friends, family or even the agent for recommendations and check out online reviews. A good local solicitor will know the area and can make it easier for going in to discuss matters and sign paperwork.
Market data taken from Dataloft and correct as of 28th October 2019.