The average property price paid in Scarborough is £208,409 according to property sale data for the year ending June 2022 published by HM Land Registry. Between the years ending June 2021 and June 2022, property prices in Scarborough fell by £1,105. Compare house prices by area
Average property prices in Scarborough fell by 0.5% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 2.7% per year.
If prices in Scarborough continue to rise by 2.7% a year, the average property price will be £232,219 in 2025.
There were 1,445 property sales in Scarborough in the year ending June 2022, a decrease of 598 when compared to the previous year.
The average price for a house in Scarborough ranges from £175,375 for a terraced house to £340,088 for a detached house, with semi-detached in between costing on average £214,023.
The average price for a flat or maisonette in Scarborough is £139,817.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Scarborough, detached house prices have risen the most between the years ending 2012 and 2022, and flat prices have grown the least.
Detached house prices have risen 42.1% from £239,345 to £340,088, semi-detached house prices have risen 39.3% from £153,636 to £214,023, terraced house prices have risen 28.2% from £136,797 to £175,375, and flat prices have risen 22.9% from £113,811 to £139,817.
The most common type of property sold in Scarborough during the year ending June 2022 was semi-detached houses, which accounted for 34.3% of properties.
The least commonly available type of property sold in Scarborough were detached houses, which account for 21.6% of properties sold.
Of the properties sold in Scarborough during 2022, 0.4% were new build properties.
The average premium for a new build property in Scarborough was £43,255 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (60% of new build properties sold). For existing properties, the most common type is semi-detached houses (28% of existing properties sold).
Rental Market of Scarborough
The most common price band for property sales in Scarborough is £200k - £300k, which accounted for 27.8% of properties sold in 2022.
0.2% of properties in Scarborough had a price over £1 million. For comparison, in England, 1.7% of property sales were priced at over £1 million.
The cheapest properties in Scarborough were in the under £50k price bracket, accounting for 0.6% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2022. Data sources: ONS Local statistics