Norwood Street, Scarborough, YO12

Street Guide For Norwood Street, Scarborough, YO12

 

Norwood Street, Scarborough, YO12 Map

Estimated Price: £131,305
Average Asking Price: £184,094
Price change in last one year: £4,593
Average Price Paid: £115,371
Average Rent Rates: £528

 

Property Prices Breakdown in Norwood Street, Scarborough, YO12

Average Price for property in Norwood Street, Scarborough, YO12 is around £131,305 which varies based on type of property you are interested in and ranges from £131,305 for terraced house to around £137,322 for a flat. Values have been changing and have risen £223 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,123 in last 6 months, £4,593 in last 1 year, £12,260 in last 2 years, £12,103 in last 3 years, £10,247 in last 4 years and £9,293 in last 5 years.

Currently average asking price of a property in Norwood Street, Scarborough, YO12 is around £184,094 based on approximately 4 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £528 per month.

Estimated property value in Norwood Street, Scarborough, YO12 is £131,305. Average asking price is £184,094 while average price paid is £126,750 which is up by £4,593 and Avg. asking rent £528.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 Norwood Street, Scarborough, YO12 area. In last 1 year alone average price buyer paid is around £126,750 based on approximately 4 sales in Norwood Street, Scarborough, YO12 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £114,263. 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 £115,371 for 16 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £120,247 per sale.

 
 

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 £50,000, £130,739 for a 2 bedroom house, £155,518 for a 3 bedroom house, £244,425 for a 4 bedroom house and £240,141 for a 5 bedroom house. For a flat similarly the prices varies from £82,967 for a single bedroom to £124,342 for a 2 bedroom Flat. Same is the case with 5 bedroom flat £280,000. To sum up the asking prices for properties in Norwood Street, Scarborough, YO12 it comes to around average £79,670 for 1 bedroom property, £128,263 for 2 bedroom, £155,518 for 3 bedroom, £244,425 for 4 bedroom and £242,485 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 £499 for 2 bedroom to £579 for 3 bedroom, £599 for 4 bedroom and £693 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £358. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £463. You should be generally be expecting around average £358 rent per month for single bedroom property, £479 for 2 bedroom, £579 for 3 bedroom, £599 for 4 bedroom and approximately £693 for a 5 bedroom property in Norwood Street, Scarborough, YO12 area.

Popular Houses in Norwood Street, Scarborough, YO12

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.

Areas in and around Norwood Street, Scarborough, YO12