Values have been changing and have risen £420 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £792 in last 6 months, £4,469 in last 1 year, £13,902 in last 2 years, £12,713 in last 3 years, £8,588 in last 4 years and £10,575 in last 5 years.
Currently average asking price of a property in Park Terrace, Whitby, YO21 is around £262,555 based on approximately 3 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £634 per month.
Estimated property value in Park Terrace, Whitby, YO21 is £173,612. Average asking price is £262,555 while average price paid is £161,833 which is up by £4,469 and Avg. asking rent £634.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 Park Terrace, Whitby, YO21 area. In last 1 year alone average price buyer paid is around £161,833 based on approximately 3 sales in Park Terrace, Whitby, YO21 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £159,833. 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 £161,957 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £158,571 per sale.