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House Prices in YO12

The average house price in YO12 (Scarborough) is £212,019 using HM Land Registry data.

The average property price increased by £59,637 (22.49%) over the last 5 years and increased by £11,922 (3.47%) over the last 12 months.

Over the last year, there were 527 residential property sales – a decrease of 163 transactions (-30.93%) relative to the previous year. The majority of house sales (141) were in the £110,000 - £152,000 range. Then came properties in the £152,000 - £194,000 range, where 107 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £0 (0%).

In June 2024, there were 137 new estate agency instructions, 81 agreed home sales and 69 property price reductions.

5-Year Average Property Prices in YO12 (Scarborough)

22.49%

Property prices in Scarborough increased by 22.49% 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 YO12 (Scarborough) Over the Last Year

3.47%

Property prices in Scarborough increased by 3.47% 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.

Property Market Heat Gauge for YO12 (Scarborough) - June 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 YO12 (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 YO12 (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 YO12 (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 YO12 (Scarborough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the YO12 postcode area since 1995.

Recent Sales in YO12 (Scarborough)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
9 Raincliffe Crescent, Scarborough, North Yorkshire, YO12 5BY	£340,000	£320,000	-£20,000	12 Sep 2023	12 Feb 2024	153 Days
42 Cambridge Street, Scarborough, North Yorkshire, YO12 7ED	£140,000	£137,500	-£2,500	15 Nov 2023	12 Feb 2024	89 Days
8 Rosevale Terrace, Scarborough, North Yorkshire, YO12 5EN	£160,000	£153,000	-£7,000	21 Apr 2023	05 Feb 2024	290 Days
60 Gladstone Street, Scarborough, North Yorkshire, YO12 7BN	£270,000	£262,000	-£8,000	08 Nov 2023	22 Jan 2024	75 Days
61 Langdale Road, Scarborough, North Yorkshire, YO12 7RA	£220,000	£216,000	-£4,000	09 Jun 2023	19 Jan 2024	224 Days
5 Derwent Avenue, Scarborough, North Yorkshire, YO12 4AJ	£190,000	£190,000	£00	21 Aug 2023	16 Jan 2024	148 Days
26 Beacon Road, Seamer, Scarborough, North Yorkshire, YO12 4HS	£225,000	£205,000	-£20,000	21 Jun 2023	12 Jan 2024	205 Days
41 Falsgrave Road, Scarborough, North Yorkshire, YO12 5EA	£295,000	£275,000	-£20,000	05 Oct 2023	08 Jan 2024	95 Days
27 Peasholm Gardens, Scarborough, North Yorkshire, YO12 7ND	£499,500	£475,000	-£24,500	07 Aug 2023	05 Jan 2024	151 Days
3 Fenby Gardens, Scarborough, North Yorkshire, YO12 5LB	£500,000	£500,000	£00	14 Apr 2023	04 Jan 2024	265 Days
23 Caledonia Street, Scarborough, North Yorkshire, YO12 7DW	£120,000	£117,500	-£2,500	02 Oct 2023	20 Dec 2023	79 Days
48 Napier Crescent, Scarborough, North Yorkshire, YO12 4HX	£250,000	£232,500	-£17,500	06 Jun 2023	20 Dec 2023	197 Days
155 Scholes Park Road, Scarborough, North Yorkshire, YO12 6RR	£145,000	£145,000	£00	16 Aug 2023	20 Dec 2023	126 Days
65 Sandringham Street, Scarborough, North Yorkshire, YO12 7QD	£145,000	£142,000	-£3,000	30 Jun 2023	18 Dec 2023	171 Days
31 Trafalgar Square, Scarborough, North Yorkshire, YO12 7PZ	£260,000	£220,000	-£40,000	31 Jul 2023	15 Dec 2023	137 Days
8 Stepney Road, Scarborough, North Yorkshire, YO12 5BN	£360,000	£347,500	-£12,500	09 Jun 2023	15 Dec 2023	189 Days
14 Pinfold Close, Scarborough, North Yorkshire, YO12 6UZ	£300,000	£280,000	-£20,000	11 Jul 2023	14 Dec 2023	156 Days
37 Gordon Street, Scarborough, North Yorkshire, YO12 7RU	£145,000	£139,000	-£6,000	18 Aug 2023	14 Dec 2023	118 Days
26 Red Scar Drive, Scarborough, North Yorkshire, YO12 5RQ	£300,000	£290,000	-£10,000	05 May 2023	08 Dec 2023	217 Days
51 Maple Drive, Scarborough, North Yorkshire, YO12 6LW	£150,000	£140,000	-£10,000	16 Aug 2023	04 Dec 2023	110 Days

Most Expensive Streets in YO12 (Scarborough)

Postcode	Street	Area	Average	No. of Sales
YO12 4LN	Stoney Haggs Rise	Scarborough	£775,000	3
YO12 6RP	Scalby Mills Road	Scarborough	£490,000	3
YO12 4ND	Crossgates	Scarborough	£485,125	4
YO12 5NH	Stepney Road	Scarborough	£447,250	4
YO12 5NJ	Stepney Road	Scarborough	£405,166	6
YO12 5DH	Stepney Drive	Scarborough	£389,900	4
YO12 5LH	Sandybed Lane	Scarborough	£382,550	4
YO12 6UN	Newby Farm Road	Scarborough	£376,785	7
YO12 5BZ	Jameson Crescent	Scarborough	£369,400	5
YO12 6UJ	Newby Farm Road	Scarborough	£363,125	4

Least Expensive Streets in YO12 (Scarborough)

Postcode	Street	Area	Average	No. of Sales
YO12 7EY	North Marine Road	Scarborough	£43,833	3
YO12 5BD	West Park Terrace	Scarborough	£69,800	5
YO12 5DU	Hildenley Close	Scarborough	£74,298	5
YO12 4AY	Ingle Close	Scarborough	£76,875	4
YO12 5AZ	Falsgrave Road	Scarborough	£79,499	5
YO12 5QU	Strawberry Court	Scarborough	£80,333	15
YO12 7JA	North Marine Road	Scarborough	£80,750	8
YO12 4EE	Seamer Street	Scarborough	£88,421	7
YO12 6LY	Charles William Apartments, North Leas Avenue	Scarborough	£91,500	3
YO12 7QE	Stanley Street	Scarborough	£92,500	3