Guisborough

Area Guide For Guisborough

Guisborough is a market town and civil parish within the unitary authority of Redcar and Cleveland and the ceremonial county of North Yorkshire, England. The civil parish of Guisborough has a population of 18,108 and includes the outlying villages of Upleatham, Dunsdale, and Newton under Roseberry as well as Guisborough itself. For the last couple of centuries, Guisborough was part of the North Riding of Yorkshire, from 1974 to 1996 part of the County of Cleveland and, at present, one of the major towns of the unitary authority of Redcar and Cleveland. Gighesbore is listed in the Domesday Book and the ruined Gisborough Priory dates back to the 12th century. The priory and Gisborough Hall (16th century, demolished and rebuilt) are spelt without the first U. Some other old sites and names use that same spelling. Some theories date the town back to the Roman occupation of Britain, where it may have been a military fortification. There are a few Roman artifacts from the area that support this, such as an elaborate ceremonial helmet, the Guisborough Helmet, but the theory remains unproven. Extensive residential development occurred during the 1960s and 1970s with the expansion

 
 

Guisborough Map

Estimated Price: £174,813
Average Asking Price: £203,122
Price change in last one year: £9,467
Average Price Paid: £158,113
Average Rent Rates: £606

 
 

Property Prices Breakdown in Guisborough

Average Price for property in Guisborough is around £174,813 which varies based on type of property you are interested in and ranges from £264,017 for detached house to around £154,070 for semi-detached. Similarly terraced house is around £106,190 and a flat is worth £113,538. Values have been changing and have risen £1,992 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,644 in last 6 months, £9,467 in last 1 year, £7,593 in last 2 years, £8,307 in last 3 years, £9,236 in last 4 years and £15,698 in last 5 years.

Currently average asking price of a property in Guisborough is around £203,122 based on approximately 208 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £606 per month.

Estimated property value in Guisborough is £174,813. Average asking price is £203,122 while average price paid is £159,932 which is up by £9,467 and Avg. asking rent £606.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 Guisborough area. In last 1 year alone average price buyer paid is around £159,932 based on approximately 208 sales in Guisborough area alone. If you compare it to last 3 years sales of 606 properties where buyers paid around £159,411. 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 £158,113 for 950 and average amount paid for purchase of approx. 1,304 properties sold in last 7 years comes to about £158,286 per sale.

 
 

Properties For Sale in Guisborough

 
 

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 £113,265, £154,550 for a 3 bedroom house, £274,508 for a 4 bedroom house and £417,395 for a 5 bedroom house. For a flat similarly the prices varies from £127,498 for a single bedroom to £131,407 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £135,000. To sum up the asking prices for properties in Guisborough it comes to around average £127,498 for 1 bedroom property, £117,498 for 2 bedroom, £154,550 for 3 bedroom, £271,602 for 4 bedroom and £417,395 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 £459 for 2 bedroom to £548 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £367. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £508. You should be generally be expecting around average £367 rent per month for single bedroom property, £476 for 2 bedroom and approximately £548 for 3 bedroom property in Guisborough area.

Popular Houses in Guisborough

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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