Malton

Area Guide For Malton

Malton is a market town and civil parish in North Yorkshire, England. Generally some piece of the North Riding of Yorkshire, the town is the area of the business locales of Ryedale District Council and has a populace of around 13,000 individuals.

It is spotted to the north of the River Derwent which structures the notable limit between the North and East Ridings of Yorkshire.

Confronting Malton on the opposite side of the Derwent is Norton. The Karro Food Group, Malton transport station and Malton line station are found in Norton-on-Derwent.

Malton is the neighborhood and retail focus. In the town focus there are little conventional free shops and high road names. The commercial center has as of late turned into a gathering zone with various espresso bars and bistros opening throughout the day to supplement people in general houses.

 
 

Malton Map

Estimated Price: £211,985
Average Asking Price: £269,942
Price change in last one year: £9,741
Average Price Paid: £188,332
Average Rent Rates: £758

 
 

Property Prices Breakdown in Malton

Average Price for property in Malton is around £211,985 which varies based on type of property you are interested in and ranges from £295,662 for detached house to around £183,649 for semi-detached. Similarly terraced house is around £143,096 and a flat is worth £119,394. Values have been changing and have risen £843 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £575 in last 6 months, £9,741 in last 1 year, £13,673 in last 2 years, £10,844 in last 3 years, £9,018 in last 4 years and £16,964 in last 5 years.

Currently average asking price of a property in Malton is around £269,942 based on approximately 316 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £758 per month.

Estimated property value in Malton is £211,985. Average asking price is £269,942 while average price paid is £192,197 which is up by £9,741 and Avg. asking rent £758.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Malton area. In last 1 year alone average price buyer paid is around £192,197 based on approximately 316 sales in Malton area alone. If you compare it to last 3 years sales of 849 properties where buyers paid around £186,141. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £188,332 for 1,310 and average amount paid for purchase of approx. 1,708 properties sold in last 7 years comes to about £186,633 per sale.

 
 

Properties For Sale in Malton

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £109,000, £148,066 for a 2 bedroom house, £198,610 for a 3 bedroom house, £321,823 for a 4 bedroom house and £620,879 for a 5 bedroom house. For a flat similarly the prices varies from £89,189 for a single bedroom to £80,817 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £175,000. To sum up the asking prices for properties in Malton it comes to around average £94,849 for 1 bedroom property, £136,199 for 2 bedroom, £198,173 for 3 bedroom, £321,823 for 4 bedroom and £620,879 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £397 for 1 bedroom to £522 for 2 bedroom and £560 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £446. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £462 and £485 for 3 bedroom. You should be generally be expecting around average £432 rent per month for single bedroom property, £510 for 2 bedroom and approximately £551 for 3 bedroom property in Malton area.

Popular Houses in Malton

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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