Property trends for YO32

    YO32 covers the market town of Malton and the surrounding rural areas of North Yorkshire, situated between the Vale of Pickering and the Howardian Hills. It is a characterful area combining market-town amenities with countryside appeal, drawing both local families and those seeking a more rural lifestyle.

    At a Glance

    Average Property Price - YO32

    £332,547

    53

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - YO

    £1,026

    50

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - YO32

    £40,153

    59

    National percentile

    2023 census data

    Flat / Maisonette Yield - YO

    6.2%

    67

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - YO32

    1.8%

    15

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - YO

    3.8%

    43

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — YO32

    Top 5 streets in YO32 ranked by 3-year average sale price.

    #Street3Y Avg
    1Lords Moor Lane£1,550,000
    2Ilford Close£1,425,000
    3The Landings£779,875
    4Lock House Lane£776,500
    5The Willows£775,000

    Latest Rent — YO32

    Property Price & Volume Trends

    The latest average property price in YO32 is £344,000, placing it around the middle of the national range. Over the past decade, prices have grown at 2.5% annually—among the slowest nationally—suggesting a relatively subdued market compared to stronger performing regions. Transaction activity has slowed in recent years, with 318 sales recorded in the latest full year against a 10-year average of 396, indicating a modest softening in market momentum.

    Rent & Yield Trends

    Average monthly rent in the broader YO postcode area stands at £999, close to the national median. Rental growth over the past decade has been moderate at 3.6% annually, slightly below the national pace. The flat yield has improved to 6.0% in the latest year, up from a 10-year average of 4.8%, reflecting stronger rental returns relative to capital values and suggesting an improving picture for buy-to-let investors.

    Income & Affordability Trends

    Average household income in the area is £40,153, modestly above the national average. However, affordability for buyers has tightened: the price-to-income ratio has risen from 7.9x in 2016 to 8.6x today, indicating that property has become less accessible relative to earnings. Rental affordability has remained stable, with rent-to-income ratios holding steady at around 27% of income.

    Resident Demographic Profile

    The population skews notably older than the national average, with over a quarter (26.3%) aged 65 and above compared to 19.6% nationally, and those aged 50–64 also overrepresented at 21.2%. Housing tenure is dominated by outright ownership at 46.3%—significantly higher than the 33.7% national average—reflecting a settled, mature resident base. Younger age groups are underrepresented, particularly 16–24-year-olds at 8.7% against a national 11.0%, suggesting limited appeal to students and early-career workers. The employment profile is broadly balanced, with professionals slightly elevated at 22%.

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