Pickering

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Area Guide For Pickering

Pickering is an ancient market town and civil parish in the Ryedale district of the county of North Yorkshire, England, on the border of the North York Moors National Park. It sits at the foot of the Moors, overlooking the Vale of Pickering to the south. According to legend the town was founded by a certain king Peredurus around 270BC however the town as it exists today is of medieval origin The tourist venues of Pickering Castle, the North Yorkshire Moors Railway and Beck Isle Museum have made Pickering popular with visitors in recent years. Nearby places include Malton, Norton, Scarborough. Positioned on what would have been the shores of the glacial lake Pickering at the end of the last Ice Age, the settlement was in an ideal place for early settlers to benefit from the multiple natural resources of the moorlands to the north, the wetlands to the south, the running water in the beck and the forests all around. It had wood, stone, wildfowl, game, fish, fresh water and fertile easily worked soils. The east west route from the coast inland ran along the foothills of the North York Moors past the site at a place where the beck could be forded. There is evidence of Celtic and Roman

 
 

Pickering Map

Estimated Price: £239,290
Average Asking Price: £470,566
Price change in last one year: £6,140
Average Price Paid: £209,334
Average Rent Rates: £530

 
 

Property Prices Breakdown in Pickering

Average Price for property in Pickering is around £239,290 which varies based on type of property you are interested in and ranges from £303,601 for detached house to around £202,648 for semi-detached. Similarly terraced house is around £178,778 and a flat is worth £116,192. Values have been changing and have risen £1,571 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,263 in last 6 months, £6,140 in last 1 year, £15,913 in last 2 years, £13,387 in last 3 years, £1,231 in last 4 years and £10,417 in last 5 years.

Currently average asking price of a property in Pickering is around £470,566 based on approximately 188 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £530 per month.

Estimated property value in Pickering is £239,290. Average asking price is £470,566 while average price paid is £201,213 which is up by £6,140 and Avg. asking rent £530.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 Pickering area. In last 1 year alone average price buyer paid is around £201,213 based on approximately 188 sales in Pickering area alone. If you compare it to last 3 years sales of 585 properties where buyers paid around £202,532. 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 £209,334 for 909 and average amount paid for purchase of approx. 1,151 properties sold in last 7 years comes to about £208,475 per sale.

 
 

Properties For Sale in Pickering

 
 

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 £195,004, £252,041 for a 3 bedroom house, £413,068 for a 4 bedroom house and £606,667 for a 5 bedroom house. For a flat similarly the prices varies from £131,237 for a single bedroom to £124,900 for a 2 bedroom Flat. To sum up the asking prices for properties in Pickering it comes to around average £131,237 for 1 bedroom property, £175,530 for 2 bedroom, £252,041 for 3 bedroom, £413,068 for 4 bedroom and £606,667 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 £550 for 2 bedroom to £600 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £368. You should be generally be expecting around average £368 rent per month for single bedroom property, £550 for 2 bedroom and approximately £600 for 3 bedroom property in Pickering area.

Popular Houses in Pickering

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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