Prices in the historic North Yorkshire city surged by 23.1%, or £69,648, the Halifax bank finds.
House prices in York have surged more than anywhere else in England and Wales in the past year, figures have shown.
Meanwhile, Leicester saw the weakest annual growth in house prices, the bank said, with Hull - just an hour's drive from York - in second place. Kim Kinnaird, mortgages director for the Halifax bank, said: "Overall, 2022 was another year of rapid house price growth for most areas in the UK."Nowhere is that more the case than in the cathedral city of York, which saw the highest property price inflation across England and Wales this year, rising by over a fifth."
"We can see this clearly in commuter towns such as Woking, Chelmsford and Hove, which - with their more diverse range of properties perhaps offering better value - recorded much bigger increases over the last year."
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