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Scarborough House Prices Scarborough House Prices

The average house price in Scarborough is £183,272 using HM Land Registry data.

The average property price increased by £49,586 (32.7%) over the last 5 years and increased by £9,911 (5.18%) over the last 12 months.

Over the last year, there were 846 residential property sales – a decrease of 402 transactions (-47.52%) relative to the previous year. The majority of house sales (206) were in the £138,000 - £176,000 range. Then came properties in the £100,000 - £138,000 range, where 175 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,049 (-2%).

In April 2024, there were 220 new estate agency instructions, 113 agreed home sales and 96 property price reductions.

Postcodes Covered: YO11, YO12, YO13

5-Year Average Property Prices in Scarborough

32.7%

Property prices in Scarborough increased by 32.7% 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 Scarborough Over the Last Year

5.18%

Property prices in Scarborough increased by 5.18% 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 Scarborough - 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 Scarborough

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 Scarborough

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 Scarborough

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 Scarborough since 1995

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

Recent Property Sales in Scarborough

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Redcliff Close, Scarborough, North Yorkshire, YO11 3RG£215,000£212,500-£2,50021 Aug 202319 Feb 2024182 Days
10 Fulford Road, Scarborough, North Yorkshire, YO11 2SH£399,950£387,500-£12,45003 Oct 202315 Feb 2024135 Days
9 Raincliffe Crescent, Scarborough, North Yorkshire, YO12 5BY£340,000£320,000-£20,00012 Sep 202312 Feb 2024153 Days
42 Cambridge Street, Scarborough, North Yorkshire, YO12 7ED£140,000£137,500-£2,50015 Nov 202312 Feb 202489 Days
8 Rosevale Terrace, Scarborough, North Yorkshire, YO12 5EN£160,000£153,000-£7,00021 Apr 202305 Feb 2024290 Days
27a, Holbeck Hill, Scarborough, North Yorkshire, YO11 3BJ£185,000£180,000-£5,00028 Feb 202302 Feb 2024339 Days
12 Wessex Court, Scarborough, North Yorkshire, YO11 2AE£190,000£178,000-£12,00021 Jun 202331 Jan 2024224 Days
14 Holbeck Avenue, Scarborough, North Yorkshire, YO11 2XQ£300,000£290,000-£10,00012 Jul 202331 Jan 2024203 Days
10 Cornelian Avenue, Scarborough, North Yorkshire, YO11 3AW£270,000£264,000-£6,00006 Sep 202330 Jan 2024146 Days
59 Cornelian Drive, Scarborough, North Yorkshire, YO11 3AL£395,000£377,500-£17,50030 Aug 202329 Jan 2024152 Days
60 Gladstone Street, Scarborough, North Yorkshire, YO12 7BN£270,000£262,000-£8,00008 Nov 202322 Jan 202475 Days
5 Chapel Lane, Cayton, Scarborough, North Yorkshire, YO11 3SW£185,000£175,000-£10,00020 Sep 202322 Jan 2024124 Days
61 Langdale Road, Scarborough, North Yorkshire, YO12 7RA£220,000£216,000-£4,00009 Jun 202319 Jan 2024224 Days
8 Royal Avenue, Scarborough, North Yorkshire, YO11 2LT£220,000£212,000-£8,00022 Aug 202319 Jan 2024150 Days
5 Derwent Avenue, Scarborough, North Yorkshire, YO12 4AJ£190,000£190,000£0021 Aug 202316 Jan 2024148 Days
95 West Garth, Cayton, Scarborough, North Yorkshire, YO11 3SD£185,000£140,000-£45,00024 May 202312 Jan 2024233 Days
55c, Main Street, Cayton, Scarborough, North Yorkshire, YO11 3RS£95,000£90,000-£5,00003 Aug 202311 Jan 2024161 Days
41 Falsgrave Road, Scarborough, North Yorkshire, YO12 5EA£295,000£275,000-£20,00005 Oct 202308 Jan 202495 Days
27 Peasholm Gardens, Scarborough, North Yorkshire, YO12 7ND£499,500£475,000-£24,50007 Aug 202305 Jan 2024151 Days
3 Fenby Gardens, Scarborough, North Yorkshire, YO12 5LB£500,000£500,000£0014 Apr 202304 Jan 2024265 Days

Most Expensive Streets in Scarborough

PostcodeStreetAreaAverageNo. of Sales
YO12 4LNStoney Haggs RiseScarborough£775,0003
YO11 3BWHolbeck HillScarborough£657,0005
YO11 2TZWeaponness DriveScarborough£533,7504
YO12 4NDCrossgatesScarborough£485,1254
YO12 5DHStepney DriveScarborough£471,5333
YO12 5NHStepney RoadScarborough£447,2504
YO11 2UFDeepdale AvenueScarborough£438,35010
YO12 5NJStepney RoadScarborough£405,1666
YO12 5LHSandybed LaneScarborough£382,5504
YO11 1RUGraham CloseScarborough£381,2504

Least Expensive Streets in Scarborough

PostcodeStreetAreaAverageNo. of Sales
YO12 7EYNorth Marine RoadScarborough£43,5004
YO11 2EZSt Nicholas MewsScarborough£49,3118
YO12 5ALLindum VillaSt James Road£55,0003
YO11 2LFGrosvenor CrescentScarborough£57,95010
YO12 5BDWest Park TerraceScarborough£68,8336
YO11 2DNWestbourne GroveScarborough£72,13111
YO11 2RJLexington CourtRoyal Crescent Lane£74,0003
YO12 5DUHildenley CloseScarborough£74,2985
YO11 1TZBeulah TerraceScarborough£74,4166
YO12 4AYIngle CloseScarborough£76,8754

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