Average Price for property in Spring Bank, Scarborough, YO12 is around £119,171 e.g. average price for terraced house is around 119,171. Values have been changing and have risen £202 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,018 in last 6 months, £4,168 in last 1 year, £11,125 in last 2 years, £10,981 in last 3 years, £9,295 in last 4 years and £8,432 in last 5 years.
Currently average asking price of a property in Spring Bank, Scarborough, YO12 is around £184,094 based on approximately 7 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 Spring Bank, Scarborough, YO12 is £119,171. Average asking price is £184,094 while average price paid is £102,071 which is up by £4,168 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 Spring Bank, Scarborough, YO12 area. In last 1 year alone average price buyer paid is around £102,071 based on approximately 7 sales in Spring Bank, Scarborough, YO12 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £108,055. 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 £110,923 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £108,109 per sale.