Filey

Area Guide For Filey

Filey is a small town and civil parish in North Yorkshire, England. It forms part of the borough of Scarborough and is located between Scarborough and Bridlington on the North Sea coast. Although it started out as a fishing village, it has a large beach and is a popular tourist resort. Until 1974 it was an urban district in the East Riding of Yorkshire. According to the 2001 UK census, Filey parish had a population of 6,819. Filey is at the eastern end of the Cleveland Way a long-distance footpath this starts at Helmsley and skirts the North York Moors. It was the second National Trail to be opened (1969). It is also the northern end of the Yorkshire Wolds Way National Trail which starts at Hessle and crosses the Yorkshire Wolds. Filey is the finishing point for Great Yorkshire Bike Ride. The 70-mile (110 km) ride begins at Wetherby Racecourse. Filey has a railway station on the Yorkshire Coast Line. Previously Filey also had a second station Filey Holiday Camp railway station to the south of the town serving the former Butlins holiday camp. This camp has now been re-developed into a 600-home holiday housing development, The Bay Filey. It is one of the largest coastal developments

 
 

Filey Map

Estimated Price: £165,168
Average Asking Price: £181,434
Price change in last one year: £7,644
Average Price Paid: £151,876
Average Rent Rates: £496

 
 

Property Prices Breakdown in Filey

Average Price for property in Filey is around £165,168 which varies based on type of property you are interested in and ranges from £215,996 for detached house to around £146,016 for semi-detached. Similarly terraced house is around £134,076 and a flat is worth £139,195. Values have been changing and have risen £1,327 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,625 in last 6 months, £7,644 in last 1 year, £15,057 in last 2 years, £20,723 in last 3 years, £19,791 in last 4 years and £11,841 in last 5 years.

Currently average asking price of a property in Filey is around £181,434 based on approximately 242 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £496 per month.

Estimated property value in Filey is £165,168. Average asking price is £181,434 while average price paid is £151,030 which is up by £7,644 and Avg. asking rent £496.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 Filey area. In last 1 year alone average price buyer paid is around £151,030 based on approximately 242 sales in Filey area alone. If you compare it to last 3 years sales of 683 properties where buyers paid around £151,087. 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 £151,876 for 1,051 and average amount paid for purchase of approx. 1,439 properties sold in last 7 years comes to about £154,040 per sale.

 
 

Properties For Sale in Filey

 
 

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 1 bedroom is around £43,975, £132,180 for a 2 bedroom house, £183,986 for a 3 bedroom house, £245,785 for a 4 bedroom house and £338,350 for a 5 bedroom house. For a flat similarly the prices varies from £102,006 for a single bedroom to £126,305 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £172,114 and £139,950 for a 4 bedroom flat. To sum up the asking prices for properties in Filey it comes to around average £96,202 for 1 bedroom property, £130,033 for 2 bedroom, £182,782 for 3 bedroom, £243,071 for 4 bedroom and £338,350 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 £533 for 2 bedroom to £559 for 3 bedroom and £550 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £377. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £454. You should be generally be expecting around average £377 rent per month for single bedroom property, £472 for 2 bedroom, £559 for 3 bedroom and approximately £550 for 4 bedroom property in Filey area.

Popular Houses in Filey

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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