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Guisborough House Prices Guisborough House Prices

The average house price in Guisborough is £182,112 using HM Land Registry data.

The average property price increased by £42,937 (24.32%) over the last 5 years and increased by £8,581 (4.07%) over the last 12 months.

Over the last year, there were 194 residential property sales – a decrease of 122 transactions (-62.89%) relative to the previous year. The majority of house sales (50) were in the £148,000 - £196,000 range. Then came properties in the £100,000 - £148,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,485 (-4%).

In April 2024, there were 32 new estate agency instructions, 25 agreed home sales and 11 property price reductions.

Postcodes Covered: TS14

5-Year Average Property Prices in Guisborough

24.32%

Property prices in Guisborough increased by 24.32% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Guisborough Over the Last Year

4.07%

Property prices in Guisborough increased by 4.07% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Guisborough - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Guisborough

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Guisborough

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Guisborough

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Guisborough since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Guisborough area since 1995.

Recent Property Sales in Guisborough

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
39 Whinchat Tail, Guisborough, Redcar And Cleveland, TS14 8PW£425,000£410,000-£15,00028 Apr 202304 Mar 2024311 Days
6 Staindale, Guisborough, Redcar And Cleveland, TS14 8JU£330,000£330,000£0004 Dec 202323 Feb 202481 Days
42 Thames Avenue, Guisborough, Redcar And Cleveland, TS14 8AG£450,000£425,000-£25,00027 Jul 202302 Feb 2024190 Days
69 Whitby Avenue, Guisborough, Redcar And Cleveland, TS14 7BA£180,000£170,000-£10,00005 Jul 202326 Jan 2024205 Days
75 Thames Avenue, Guisborough, Redcar And Cleveland, TS14 8AJ£330,000£315,000-£15,00015 Sep 202326 Jan 2024133 Days
43 Stump Cross, Guisborough, Redcar And Cleveland, TS14 6NH£113,000£100,000-£13,00014 Jul 202326 Jan 2024196 Days
167 Enfield Chase, Guisborough, Redcar And Cleveland, TS14 7LQ£167,950£82,475-£85,47505 Oct 202303 Jan 202490 Days
44 Hawkstone Close, Guisborough, Redcar And Cleveland, TS14 7PE£155,000£147,000-£8,00022 Sep 202315 Dec 202384 Days
1 Prospect Place, Guisborough, Redcar And Cleveland, TS14 6AL£150,000£149,000-£1,00018 Aug 202313 Dec 2023117 Days
33 Gill Street, Guisborough, Redcar And Cleveland, TS14 6EH£110,000£102,500-£7,50021 Aug 202308 Dec 2023109 Days
28 Priory Close, Guisborough, Redcar And Cleveland, TS14 6EL£185,000£175,000-£10,00030 Aug 202304 Dec 202396 Days
8 Mossdale Grove, Guisborough, Redcar And Cleveland, TS14 8JB£225,000£220,000-£5,00015 Jun 202304 Dec 2023172 Days
83 Park Lane, Guisborough, Redcar And Cleveland, TS14 6PA£140,000£130,000-£10,00031 Mar 202327 Nov 2023241 Days
The Cottage, Stokesley Road, Guisborough, Redcar And Cleveland, TS14 8DL£665,000£605,000-£60,00022 May 202324 Nov 2023186 Days
74 Rievaulx Way, Guisborough, Redcar And Cleveland, TS14 7AY£199,995£199,000-£99512 Sep 202324 Nov 202373 Days
14 Bracken Crescent, Guisborough, Redcar And Cleveland, TS14 8DU£335,000£282,000-£53,00031 Jul 202322 Nov 2023114 Days
7 Union Street, Guisborough, Redcar And Cleveland, TS14 6HL£110,000£110,000£0021 Sep 202321 Nov 202361 Days
15 Carmel Gardens, Guisborough, Redcar And Cleveland, TS14 6EZ£170,000£165,000-£5,00020 Sep 202317 Nov 202358 Days
38 Eskdale Terrace, Guisborough, Redcar And Cleveland, TS14 6EQ£124,950£120,000-£4,95008 Jul 202317 Nov 2023132 Days
45 Enfield Chase, Guisborough, Redcar And Cleveland, TS14 7LS£167,000£164,000-£3,00031 Jul 202310 Nov 2023102 Days

Most Expensive Streets in Guisborough

PostcodeStreetAreaAverageNo. of Sales
TS14 8DLStokesley RoadGuisborough£650,0005
TS14 8PRPease CourtGuisborough£548,7504
TS14 8PWWhinchat TailGuisborough£392,3005
TS14 6DLPegman CloseGuisborough£371,6663
TS14 6GFMonkton RiseGuisborough£351,5004
TS14 8PNRuff TailGuisborough£344,8163
TS14 6GAAllerston WayGuisborough£340,0004
TS14 8LUGoldfinch GardensGuisborough£335,22832
TS14 8DNThe AvenueGuisborough£335,0003
TS14 8PGHeron GateGuisborough£328,0003

Least Expensive Streets in Guisborough

PostcodeStreetAreaAverageNo. of Sales
TS14 6PHMeadow CloseGuisborough£58,8427
TS14 6HYBennison StreetGuisborough£78,44910
TS14 6HTAuckland StreetGuisborough£80,5005
TS14 6ERPark LaneGuisborough£80,5003
TS14 6ENBolckow StreetGuisborough£81,2005
TS14 6NGThomson StreetGuisborough£81,7086
TS14 6NAWilson StreetGuisborough£82,5905
TS14 6PFCleveland StreetGuisborough£83,15015
TS14 6JRHewitts BuildingsGuisborough£83,6005
TS14 6AQNew RoadGuisborough£83,8389

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