Northallerton

Area Guide For Northallerton

Northallerton is an affluent market town and civil parish in the Hambleton district of North Yorkshire, England. It lies in the Vale of Mowbray and at the northern end of the Vale of York. It has a population of 15,741 according to the 2001 census. It has served as the county town of the North Riding of Yorkshire and since 1974, of North Yorkshire. There has been a settlement at Northallerton since Roman times, however its growth in importance began in the 11th century when King William II gifted land to the Bishop of Durham. Under the Bishop's authority Northallerton became an important centre for religious affairs. It was also a focus for much conflict in subsequent years between the English and the Scots, most notably the Battle of the Standard, nearby in 1138, which saw losses of as many as 12,000 men. In later years trade and transport became more important. Lying on the main route between Edinburgh and London it became an important stopping point for coaches travelling the route, eventually superseded by the growth of the railways in the 19th century. Lying in the centre of a large rural area Northallerton was established as a market town in 1200 by Royal

 
 

Northallerton Map

Estimated Price: £236,419
Average Asking Price: £272,329
Price change in last one year: £7,839
Average Price Paid: £208,608
Average Rent Rates: £684

 
 

Property Prices Breakdown in Northallerton

Average Price for property in Northallerton is around £236,419 which varies based on type of property you are interested in and ranges from £324,371 for detached house to around £190,910 for semi-detached. Similarly terraced house is around £171,042 and a flat is worth £136,750. Values have been changing and have risen £1,480 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,383 in last 6 months, £7,839 in last 1 year, £15,029 in last 2 years, £15,235 in last 3 years, £12,197 in last 4 years and £13,901 in last 5 years.

Currently average asking price of a property in Northallerton is around £272,329 based on approximately 393 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £684 per month.

Estimated property value in Northallerton is £236,419. Average asking price is £272,329 while average price paid is £216,195 which is up by £7,839 and Avg. asking rent £684.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 Northallerton area. In last 1 year alone average price buyer paid is around £216,195 based on approximately 393 sales in Northallerton area alone. If you compare it to last 3 years sales of 1,144 properties where buyers paid around £211,308. 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 £208,608 for 1,770 and average amount paid for purchase of approx. 2,405 properties sold in last 7 years comes to about £205,508 per sale.

 
 

Properties For Sale in Northallerton

 
 

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 2 bedroom is around £165,034, £218,397 for a 3 bedroom house, £343,116 for a 4 bedroom house and £459,995 for a 5 bedroom house. For a flat similarly the prices varies from £116,650 for a single bedroom to £151,927 for a 2 bedroom Flat. To sum up the asking prices for properties in Northallerton it comes to around average £116,650 for 1 bedroom property, £162,157 for 2 bedroom, £218,397 for 3 bedroom, £343,116 for 4 bedroom and £459,995 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 £451 for 1 bedroom to £575 for 2 bedrooms, £706 for 3 bedrooms, £811 for 4 bedrooms and £1,751 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £375. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £599 and £650 for 3 bedroom. You should be generally be expecting around average £400 rent per month for single bedroom property, £586 for 2 bedroom, £699 for 3 bedroom, £812 for 4 bedroom and approximately £1,751 for a 5 bedroom property in Northallerton area.

Popular Houses in Northallerton

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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