Average Price for property in Scarborough is around £160,796 which varies based on type of property you are interested in and ranges from £254,843 for detached house to around £156,960 for semi-detached. Similarly terraced house is around £124,347 and a flat is worth £110,158. Values have been changing and have risen £267 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £937 in last 6 months, £6,681 in last 1 year, £13,889 in last 2 years, £12,767 in last 3 years, £13,770 in last 4 years and £11,653 in last 5 years.
Currently average asking price of a property in Scarborough is around £194,025 based on approximately 1,027 properties for sale. Same is the case with rental options based on 131 properties up for rent, average asking rent is around £529 per month.
Estimated property value in Scarborough is £160,796. Average asking price is £194,025 while average price paid is £151,463 which is up by £6,681 and Avg. asking rent £529.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 Scarborough area. In last 1 year alone average price buyer paid is around £151,463 based on approximately 1,027 sales in Scarborough area alone. If you compare it to last 3 years sales of 3,022 properties where buyers paid around £147,452. 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 £147,425 for 4,761 and average amount paid for purchase of approx. 6,405 properties sold in last 7 years comes to about £148,677 per sale.