Saltburn-by-the-Sea

Area Guide For Saltburn-by-the-Sea

Saltburn-by-the-Sea is a seaside resort in the unitary authority of Redcar and Cleveland and the ceremonial county of North Yorkshire, England. The town is around 12 miles (19 km) east of Middlesbrough, and had a population of 5,912 at the 2001 Census. Old Saltburn is the original settlement, located in the seaside area of Saltburn Gill. Records are scarce on its origins, but it was centre of local sea smugglers, with Landlord John Andrew referred to as the "King of smugglers." In the mid 18th century, the authors Laurence Sterne and John Hall-Stevenson enjoyed racing chariots on the sands at Saltburn. In 1856, the hamlet consisted of the Ship Inn and a row of houses, containing mainly farmers and fishermen. The development of both Middlesbrough and Saltburn was driven by the discovery of iron stone in the Cleveland Hills, the monies of the Pease family of Darlington, and the development of two railways to extract the minerals. The Pease family had developed Middlesbrough as an industrial centre, and after discovery of iron stone, the Stockton & Darlington Railway and the West Hartlepool Harbour and Railway Company both developed routes into East Cleveland. By 1861, the S&DR

 
 

Saltburn-by-the-Sea Map

Estimated Price: £138,054
Average Asking Price: £156,300
Price change in last one year: £2,890
Average Price Paid: £133,523
Average Rent Rates: £471

 
 

Property Prices Breakdown in Saltburn-by-the-Sea

Average Price for property in Saltburn-by-the-Sea is around £138,054 which varies based on type of property you are interested in and ranges from £221,667 for detached house to around £138,897 for semi-detached. Similarly terraced house is around £99,307 and a flat is worth £114,753. Values have been changing and have risen £1,935 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,967 in last 6 months, £2,890 in last 1 year, £390 in last 2 years, £4,653 in last 3 years, £852 in last 4 years and £4,419 in last 5 years.

Currently average asking price of a property in Saltburn-by-the-Sea is around £156,300 based on approximately 391 properties for sale. Same is the case with rental options based on 63 properties up for rent, average asking rent is around £471 per month.

Estimated property value in Saltburn-by-the-Sea is £138,054. Average asking price is £156,300 while average price paid is £135,619 which is up by £2,890 and Avg. asking rent £471.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 Saltburn-by-the-Sea area. In last 1 year alone average price buyer paid is around £135,619 based on approximately 391 sales in Saltburn-by-the-Sea area alone. If you compare it to last 3 years sales of 1,107 properties where buyers paid around £133,634. 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 £133,523 for 1,761 and average amount paid for purchase of approx. 2,475 properties sold in last 7 years comes to about £133,234 per sale.

 
 

Properties For Sale in Saltburn-by-the-Sea

 
 

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 £134,972, £98,346 for a 2 bedroom house, £143,400 for a 3 bedroom house, £206,927 for a 4 bedroom house and £290,312 for a 5 bedroom house. For a flat similarly the prices varies from £99,789 for a 2 bedroom to £195,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Saltburn-by-the-Sea it comes to around average £134,972 for 1 bedroom property, £98,455 for 2 bedroom, £143,949 for 3 bedroom, £206,927 for 4 bedroom and £290,312 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 £381 for 1 bedroom to £399 for 2 bedrooms, £441 for 3 bedrooms, £637 for 4 bedrooms and £325 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £326. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £449. You should be generally be expecting around average £343 rent per month for single bedroom property, £408 for 2 bedroom, £441 for 3 bedroom, £637 for 4 bedroom and approximately £325 for a 5 bedroom property in Saltburn-by-the-Sea area.

Popular Houses in Saltburn-by-the-Sea

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.

Sold Properties in Saltburn-by-the-Sea

Browse by Streets in Saltburn-by-the-Sea

Browse by Outcodes in Saltburn-by-the-Sea