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Pickering House Prices Pickering House Prices

The average house price in Pickering is £238,875 using HM Land Registry data.

The average property price increased by £84,211 (38.64%) over the last 5 years and increased by £16,830 (5.9%) over the last 12 months.

Over the last year, there were 112 residential property sales – a decrease of 55 transactions (-49.11%) relative to the previous year. The majority of house sales (27) were in the £202,000 - £264,000 range. Then came properties in the £264,000 - £326,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 113 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,313 (-1%).

In April 2024, there were 29 new estate agency instructions, 15 agreed home sales and 8 property price reductions.

Postcodes Covered: YO18

5-Year Average Property Prices in Pickering

38.64%

Property prices in Pickering increased by 38.64% 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 Pickering Over the Last Year

5.9%

Property prices in Pickering increased by 5.9% 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 Pickering - 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 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 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 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 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 Pickering since 1995

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

Recent Property Sales in Pickering

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Long Garth, Whitby Road, Pickering, North Yorkshire, YO18 7HL£275,000£270,000-£5,00026 Oct 202329 Feb 2024126 Days
1 Westlands, Pickering, North Yorkshire, YO18 7HJ£200,000£200,000£0028 Jul 202321 Feb 2024208 Days
57 Derwent Road, Pickering, North Yorkshire, YO18 7UA£257,000£256,000-£1,00017 Jul 202323 Jan 2024190 Days
38 Maudon Avenue, Pickering, North Yorkshire, YO18 7EJ£215,000£210,000-£5,00021 Jul 202318 Dec 2023150 Days
65 Eastgate, Pickering, North Yorkshire, YO18 7DX£325,000£325,000£0006 Oct 202306 Dec 202361 Days
5 Crossgate Lane, Pickering, North Yorkshire, YO18 7EX£380,000£380,000£0007 Aug 202304 Dec 2023119 Days
16 Ings Garth, Pickering, North Yorkshire, YO18 8DA£235,000£232,000-£3,00002 Jun 202304 Dec 2023185 Days
8 Norman Close, Pickering, North Yorkshire, YO18 7AZ£315,000£300,000-£15,00014 Apr 202328 Nov 2023228 Days
15 Esk Close, Pickering, North Yorkshire, YO18 7UG£55,500£55,500£0020 Jun 202321 Nov 2023154 Days
2 Levin Drive, Pickering, North Yorkshire, YO18 7UF£370,000£370,000£0007 Sep 202308 Nov 202362 Days
4 Otter Drive, Pickering, North Yorkshire, YO18 8TQ£220,000£215,000-£5,00010 May 202331 Oct 2023174 Days
29 Pool Court, Pickering, North Yorkshire, YO18 8DR£285,000£280,000-£5,00024 Feb 202327 Oct 2023245 Days
14 Westgate, Pickering, North Yorkshire, YO18 8BA£370,000£355,000-£15,00009 Feb 202313 Oct 2023246 Days
84 Firthland Road, Pickering, North Yorkshire, YO18 8DB£279,950£279,950£0003 Jul 202326 Sep 202385 Days
41 Swainsea Lane, Pickering, North Yorkshire, YO18 8NE£255,000£255,000£0023 Apr 202322 Sep 2023152 Days
16 Park Street, Pickering, North Yorkshire, YO18 7AJ£185,000£178,000-£7,00021 Oct 202220 Sep 2023334 Days
35 Derwent Road, Pickering, North Yorkshire, YO18 7UA£255,000£255,000£0030 Mar 202315 Sep 2023169 Days
42 Rosamund Avenue, Pickering, North Yorkshire, YO18 7HF£450,000£450,000£0022 Apr 202314 Sep 2023145 Days
8 Alma Way, Pickering, North Yorkshire, YO18 7JH£117,500£115,000-£2,50014 Jun 202311 Sep 202389 Days
Harvern Crest, Whitby Road, Pickering, North Yorkshire, YO18 7HL£425,000£425,000£0008 Feb 202308 Sep 2023212 Days

Most Expensive Streets in Pickering

PostcodeStreetAreaAverageNo. of Sales
YO18 8NQMiddleton RoadPickering£463,1254
YO18 7AWHall GarthPickering£415,8005
YO18 8APSwainsea LanePickering£406,8577
YO18 7HLWhitby RoadPickering£381,6663
YO18 8NJKeld ClosePickering£379,0003
YO18 7HZThornton RoadPickering£378,1666
YO18 7UBDerwent RoadPickering£367,54839
YO18 8AQBeacon ParkPickering£362,6254
YO18 8LLKeld HeadPickering£355,7005
YO18 7DBMill LanePickering£350,9833

Least Expensive Streets in Pickering

PostcodeStreetAreaAverageNo. of Sales
YO18 8BJMill HousePotter Hill£80,3905
YO18 7DPEastgate SquarePickering£86,1905
YO18 7JHAlma WayPickering£89,3333
YO18 7BACastle RoadPickering£156,3754
YO18 7EYWillow CourtPickering£156,55010
YO18 7DTGraystone CourtHawthorn Lane£160,6905
YO18 7FARyebeck CourtPickering£163,6878
YO18 7EJMaudon AvenuePickering£166,5647
YO18 8TGMole EndPickering£174,7506
YO18 8SZWest PasturePickering£177,3333

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