Values have been changing and have risen £221 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,115 in last 6 months, £4,566 in last 1 year, £12,191 in last 2 years, £12,037 in last 3 years, £10,191 in last 4 years and £9,244 in last 5 years.
Currently average asking price of a property in Prospect Road, Scarborough, YO12 is around £184,094 based on approximately 3 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 Prospect Road, Scarborough, YO12 is £130,573. Average asking price is £184,094 while average price paid is £116,500 which is up by £4,566 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 Prospect Road, Scarborough, YO12 area. In last 1 year alone average price buyer paid is around £116,500 based on approximately 3 sales in Prospect Road, Scarborough, YO12 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £117,558. 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 £113,962 for 27 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £115,052 per sale.