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Market Weighton House Prices Market Weighton House Prices

The average house price in Market Weighton is £231,333 using HM Land Registry data.

The average property price increased by £23,374 (10.78%) over the last 5 years and increased by £4,671 (1.98%) over the last 12 months.

Over the last year, there were 88 residential property sales – a decrease of 78 transactions (-88.64%) relative to the previous year. The majority of house sales (24) were in the £164,000 - £218,000 range. Then came properties in the £218,000 - £272,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion).

In April 2024, there were 11 new estate agency instructions, 12 agreed home sales and 9 property price reductions.

Postcodes Covered: YO43

5-Year Average Property Prices in Market Weighton

10.78%

Property prices in Market Weighton increased by 10.78% 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 Market Weighton Over the Last Year

1.98%

Property prices in Market Weighton increased by 1.98% 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 Market Weighton - April 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Market Weighton

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 Market Weighton

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 Market Weighton

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 Market Weighton since 1995

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

Recent Property Sales in Market Weighton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 All Saints Court, Market Weighton, York, East Riding Of Yorkshire, YO43 3NT£75,000£70,000-£5,00030 Aug 202305 Feb 2024159 Days
5 Crumpton Road, Market Weighton, York, East Riding Of Yorkshire, YO43 3RQ£350,000£345,000-£5,00022 Sep 202322 Jan 2024122 Days
12 Wold Avenue, Market Weighton, York, East Riding Of Yorkshire, YO43 3DH£175,000£173,000-£2,00006 Sep 202319 Dec 2023104 Days
24 Springdale Road, Market Weighton, York, East Riding Of Yorkshire, YO43 3JT£315,000£315,000£0030 May 202305 Dec 2023189 Days
40 Ingle Court, Market Weighton, York, East Riding Of Yorkshire, YO43 3HB£75,000£75,000£0021 Jul 202315 Nov 2023117 Days
4 Swales Drive, Market Weighton, York, East Riding Of Yorkshire, YO43 3BF£270,000£250,000-£20,00013 Jun 202310 Nov 2023150 Days
36 Lambert Close, Market Weighton, York, East Riding Of Yorkshire, YO43 3BE£117,950£110,500-£7,45028 Jun 202310 Nov 2023135 Days
46 Walkington Drive, Market Weighton, York, East Riding Of Yorkshire, YO43 3NR£360,000£360,000£0026 Jun 202310 Nov 2023137 Days
71 Hill Rise, Market Weighton, York, East Riding Of Yorkshire, YO43 3JX£275,000£260,000-£15,00009 May 202303 Nov 2023178 Days
15 Ingle Court, Market Weighton, York, East Riding Of Yorkshire, YO43 3HB£120,000£120,000£0013 Aug 202203 Nov 2023447 Days
6 Finkle Court, Market Weighton, York, East Riding Of Yorkshire, YO43 3LZ£115,000£110,000-£5,00031 Mar 202303 Nov 2023217 Days
5 The Green, Market Weighton, York, East Riding Of Yorkshire, YO43 3AU£675,000£630,000-£45,00030 Nov 202202 Nov 2023337 Days
11 Meadow Drive, Market Weighton, York, East Riding Of Yorkshire, YO43 3QG£265,000£245,000-£20,00027 May 202301 Nov 2023158 Days
15 Wilson Close, Market Weighton, York, East Riding Of Yorkshire, YO43 3NW£195,000£190,000-£5,00030 Aug 202301 Nov 202363 Days
2 All Saints Court, Market Weighton, York, East Riding Of Yorkshire, YO43 3NT£60,000£57,000-£3,00027 Jan 202313 Oct 2023259 Days
33 St Aiden Close, Market Weighton, York, East Riding Of Yorkshire, YO43 3HE£225,000£225,000£0015 Jun 202313 Oct 2023120 Days
40 Lambert Close, Market Weighton, York, East Riding Of Yorkshire, YO43 3BE£120,000£110,000-£10,00009 May 202302 Oct 2023146 Days
63 Langdale Road, Market Weighton, York, East Riding Of Yorkshire, YO43 3DG£325,000£320,000-£5,00028 Apr 202327 Sep 2023152 Days
21 Meadow Drive, Market Weighton, York, East Riding Of Yorkshire, YO43 3QG£190,000£185,000-£5,00020 May 202325 Sep 2023128 Days
9 Dawson Road, Market Weighton, York, East Riding Of Yorkshire, YO43 3GE£250,000£232,500-£17,50016 Feb 202322 Sep 2023218 Days

Most Expensive Streets in Market Weighton

PostcodeStreetAreaAverageNo. of Sales
YO43 3HSLondesborough RoadMarket Weighton£591,2504
YO43 3NHSweep CloseMarket Weighton£452,0003
YO43 3HWLondesborough RoadMarket Weighton£366,2454
YO43 3JNBeverley RoadMarket Weighton£358,3333
YO43 3HNLondesborough RoadMarket Weighton£330,5004
YO43 3JWManor FieldsMarket Weighton£321,6663
YO43 3JPBeverley RoadMarket Weighton£321,4005
YO43 3RQCrumpton RoadMarket Weighton£313,3333
YO43 3FFMedforth StreetMarket Weighton£309,4318
YO43 3RAShipman RoadMarket Weighton£304,16612

Least Expensive Streets in Market Weighton

PostcodeStreetAreaAverageNo. of Sales
YO43 3NTAll Saints CourtMarket Weighton£56,7217
YO43 3HDHudson CourtMarket Weighton£101,6666
YO43 3HBIngle CourtMarket Weighton£118,49718
YO43 3BELambert CloseMarket Weighton£143,52711
YO43 3QLSouthfield ParkMarket Weighton£152,8754
YO43 3ENHolme RoadMarket Weighton£154,4449
YO43 3ABSouthgate CourtSouthgate£157,8005
YO43 3NLWicstun WayMarket Weighton£162,88818
YO43 3FTButler DriveMarket Weighton£163,3333
YO43 3BDChurch CloseMarket Weighton£163,7506

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