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House Prices in YO18 House Prices in YO18 (Pickering)

The average house price in YO18 (Pickering) is £360,318 using HM Land Registry data.

The average property price increased by £96,242 (17.21%) over the last 5 years and increased by £19,284 (2.76%) over the last 12 months.

Over the last year, there were 155 residential property sales – a decrease of 63 transactions (-40.65%) relative to the previous year. The majority of house sales (47) were in the £218,000 - £286,000 range. Then came properties in the £150,000 - £218,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,313 (-1%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

Nearby Postcodes: DL6, TS12, TS13, TS14, TS9, YO12, YO13, YO17, YO21, YO22, YO25, YO41, YO42, YO60, YO61, YO62, YO7

5-Year Average Property Prices in YO18 (Pickering)

17.21%

Property prices in Pickering increased by 17.21% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in YO18 (Pickering) Over the Last Year

2.76%

Property prices in Pickering increased by 2.76% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for YO18 (Pickering) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in YO18 (Pickering)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in YO18 (Pickering)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in YO18 (Pickering)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the YO18 (Pickering) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the YO18 postcode area since 1995.

Recent Sales in YO18 (Pickering)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Forge House, Maltongate, Thornton Le Dale, Pickering, North Yorkshire, YO18 7RJ£325,000£300,000-£25,00026 Mar 202422 Aug 2024149 Days
Chestnut View, Maltongate, Thornton Le Dale, Pickering, North Yorkshire, YO18 7SA£550,000£550,000£0005 Mar 202409 Aug 2024157 Days
21 Outgang Road, Pickering, North Yorkshire, YO18 7EW£160,000£150,000-£10,00007 Jun 202307 Aug 2024427 Days
4 Westerdale, Pickering, North Yorkshire, YO18 8DS£225,000£225,000£0026 Mar 202426 Jul 2024122 Days
11 Northway, Pickering, North Yorkshire, YO18 8NN£395,000£395,000£0028 Feb 202426 Jul 2024149 Days
11 Ryebeck Court, Pickering, North Yorkshire, YO18 7FA£189,950£163,000-£26,95007 Dec 201023 Jul 20244977 Days
11 Mill Lane, Pickering, North Yorkshire, YO18 8DJ£250,000£250,000£0023 Apr 202416 Jul 202484 Days
Mount Seymour, South Lane, Thornton Le Dale, Pickering, North Yorkshire, YO18 7QU£640,000£620,000-£20,00008 Aug 202315 Jul 2024342 Days
31 Pool Court, Pickering, North Yorkshire, YO18 8DR£275,000£262,500-£12,50001 Feb 202405 Jul 2024155 Days
23 Ings Garth, Pickering, North Yorkshire, YO18 8DA£265,950£260,000-£5,95005 Feb 202414 Jun 2024130 Days
29 Corbie Way, Pickering, North Yorkshire, YO18 7JS£265,000£260,000-£5,00002 Oct 202311 Jun 2024253 Days
31 Marshall Drive, Pickering, North Yorkshire, YO18 7JT£260,000£250,000-£10,00014 Dec 202307 Jun 2024176 Days
Mill Cottage, Main Street, Allerston, Pickering, North Yorkshire, YO18 7PG£415,000£407,000-£8,00012 Feb 202404 Jun 2024113 Days
8 Aunums Close, Thornton Le Dale, Pickering, North Yorkshire, YO18 7TP£375,000£370,000-£5,00031 Jan 202404 Jun 2024125 Days
8 Garden Way, Pickering, North Yorkshire, YO18 8BG£185,000£185,000£0003 Oct 202324 May 2024234 Days
51 Farmanby Close, Thornton-le-dale, Pickering, North Yorkshire, YO18 7TE£235,000£235,000£0013 Mar 202420 May 202468 Days
31 Eastfield Road, Pickering, North Yorkshire, YO18 7HU£335,000£322,000-£13,00014 Sep 202315 May 2024244 Days
140 Westgate, Pickering, North Yorkshire, YO18 8BB£280,000£275,000-£5,00001 Nov 202309 May 2024190 Days
66 Manor Drive, Pickering, North Yorkshire, YO18 8DD£135,000£135,000£0009 Feb 202408 May 202489 Days
Well Garth, High Street, Thornton Le Dale, Pickering, North Yorkshire, YO18 7QW£475,000£435,000-£40,00027 Sep 202326 Apr 2024212 Days

Most Expensive Streets in YO18 (Pickering)

PostcodeStreetAreaAverageNo. of Sales
YO18 7QZThornton Heights, Thornton-le-dalePickering£645,0003
YO18 7QGRectory Lane, Thornton DalePickering£616,6663
YO18 7BGThornton View, Thornton Le DalePickering£566,5005
YO18 7SUBrookfield Gardens, Thornton DalePickering£522,5003
YO18 8NUBack Lane South, MiddletonPickering£504,5717
YO18 8JLNewbridgePickering£495,5063
YO18 7QBThe Square, LocktonPickering£494,7504
YO18 7SGWestgate, Thornton DalePickering£482,0005
YO18 8NQMiddleton RoadPickering£476,8754
YO18 7RJMaltongate, Thornton Le DalePickering£468,3333

Least Expensive Streets in YO18 (Pickering)

PostcodeStreetAreaAverageNo. of Sales
YO18 8BJMill House, Potter HillPickering£91,7905
YO18 7DPEastgate SquarePickering£98,4874
YO18 7BACastle RoadPickering£158,5003
YO18 7FARyebeck CourtPickering£161,25010
YO18 7EYWillow CourtPickering£162,00413
YO18 7EJMaudon AvenuePickering£171,2916
YO18 8TQOtter DrivePickering£174,0003
YO18 8SZWest PasturePickering£177,3333
YO18 7HWWandales CottagesPickering£178,3333
YO18 8PBMiddletonPickering£179,1259

Explore YO18 (Pickering) using map

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