Whitby

Area Guide For Whitby

Whitby is a coastline town, port and civil parish in the Borough of Scarborough and English area of North Yorkshire. Before neighbourhood government redesigns in the late 1960s, it was a part of the North Riding of Yorkshire. Arranged on the east shoreline of Yorkshire at the mouth of the River Esk, Whitby has a made oceanic, mineral and visitor legacy.

Tourism began in Whitby amid the Georgian period and grew further on the entry of the line in 1839. Its fascination as a traveller destination by its nearness to the high ground of the North York Moors National Park, its Heritage Coastline and by its relationship with the loathsomeness novel Dracula. Plane and alum were mined provincially. Whitby Jet, which was mined by the Romans and Victorians, got to be in vogue amid the nineteenth century.

 
 

Whitby Map

Estimated Price: £217,123
Average Asking Price: £260,708
Price change in last one year: £2,200
Average Price Paid: £201,437
Average Rent Rates: £575

 
 

Property Prices Breakdown in Whitby

Average Price for property in Whitby is around £217,123 which varies based on type of property you are interested in and ranges from £312,424 for detached house to around £197,595 for semi-detached. Similarly terraced house is around £181,854 and a flat is worth £147,072. Values have been changing and have risen £3,172 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,230 in last 6 months, £2,200 in last 1 year, £9,884 in last 2 years, £7,254 in last 3 years, £322 in last 4 years and £5,554 in last 5 years.

Currently average asking price of a property in Whitby is around £260,708 based on approximately 360 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £575 per month.

Estimated property value in Whitby is £217,123. Average asking price is £260,708 while average price paid is £193,291 which is up by £2,200 and Avg. asking rent £575.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 Whitby area. In last 1 year alone average price buyer paid is around £193,291 based on approximately 360 sales in Whitby area alone. If you compare it to last 3 years sales of 1,077 properties where buyers paid around £197,156. 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 £201,437 for 1,784 and average amount paid for purchase of approx. 2,374 properties sold in last 7 years comes to about £202,655 per sale.

 
 

Properties For Sale in Whitby

 
 

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 £180,000, £189,294 for a 2 bedroom house, £246,454 for a 3 bedroom house, £297,083 for a 4 bedroom house and £393,992 for a 5 bedroom house. For a flat similarly the prices varies from £114,233 for a single bedroom to £165,255 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £193,300. To sum up the asking prices for properties in Whitby it comes to around average £119,292 for 1 bedroom property, £182,268 for 2 bedroom, £244,074 for 3 bedroom, £297,083 for 4 bedroom and £393,992 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 £524 for 3 bedroom to £550 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £537. You should be generally be expecting around average £438 rent per month for single bedroom property, £538 for 2 bedroom, £524 for 3 bedroom and approximately £550 for 4 bedroom property in Whitby area.

Popular Houses in Whitby

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.

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