Property investment stats for Northallerton, Yorkshire and The Humber

• The combination of a price-to-income ratio of 3.9 and a rent-to-income ratio of 18.2% makes Northallerton notably affordable for both buyers and tenants.
• Investors can find reliable returns, as the average rental yield is 4.4% and the best local area yields 4.6%.
• With the median achieved minus asking price at £2,000 (the typical achieved discount), there is potential for negotiation and value-driven purchases.

• The area’s population skews older, with the 60+ age group in the 79th percentile, so long-term demand from younger renters or buyers may be limited.
• The student population and degree-educated population are both below the national median, which could affect demand for certain types of rental property.
• Social rented housing is in the 80th percentile, which may limit the size of the private rental market.

Looking ahead, Northallerton’s property market is likely to remain steady rather than spectacular. Capital growth has been modest, with one-year growth at 1.0% and annualised three-year growth at 1.6%, so investors should expect gradual rather than rapid appreciation.

Liquidity should remain healthy given the current annual sales of 247 and days on market at 55 days, while affordability is likely to continue attracting a mix of buyers. Rental yields are stable, and the combination of accessible prices and steady demand from older residents should support consistent returns. Investors looking for reliable, if unspectacular, performance will find Northallerton a sensible choice.