A RYEDALE estate agent has provided insight into why the district continues to buck national house price trends.

As reported by the Gazette and Herald earlier this week, house prices increased by 1.9 per cent in Ryedale in August - more than the average for Yorkshire and the Humber.

The average Ryedale house price in September was £320,550, Land Registry figures show – a 1.9 per cent increase on August.

Over the month, the picture was different to that across Yorkshire and the Humber, where prices remained static, and Ryedale was above the UK as a whole, where prices did not change.

Henry Scott, partner at BoultonCooper Malton, said: “Malton and the Ryedale area remains a property hotspot and long may this continue. 


READ MORE: Ryedale town revealed as 'England's most in demand property hotspot'


“There is a significant shortage of supply of properties on the market at the current time, largely following the seasonal trend of the housing market. 

“That is, undoubtedly, firming up prices, coupled with strong demand. 

“As a multi-disciplined firm, we are finding that with the shortage of property available to buy (whether open market or privately), prospective buyers are either staying put or moving into temporary rental accommodation to ensure they are “oven-ready” to buy their dream home.”

Mr Scott advised prospective sellers to seek expert valuation and marketing advice at the earliest opportunity.