Scarborough Sees Second Highest House Price Growth In Yorkshire

Scarborough Sees Second Highest House Price Growth In Yorkshire
Remembrance Day Events On The Yorkshire Coast
Average house prices in Scarborough Borough have grown by 5.5% in the past year, the second highest rate in that time frame in the whole of Yorkshire.

The average price of a home in the borough stands at £165,863, according to Land Registry data. Barnsley topped the average house price growth in Yorkshire, going up by 7.4% between August 2017 and August 2018, with the average price coming in at £125,059.

Ryedale wasnt far behind Scarborough with a growth of 5.3% taking the average price to £230,700, meanwhile the East Riding saw growth of 2.5% taking the average to £178,771.

“Whitby, Scarborough and Filey have seen tremendous tourism growth over the last 10 or 15 years which just keeps getting more and more positive press. 

So from that point of view, we get a lot more visitors to the area, people come and spend the day or the week and think well actually we quite like it here, wed like to buy a second home.

Prices obviously vary from town to town and even street to street. Typically were just based in Whitby but we do see a big difference in different areas. 

Probably about five years ago, the Fishburn Park area of Whitby, no one really ever bought second homes there, whereas now people are and theyre great first homes as well.”

It marks the day World War One ended, at 11am on the 11th day of the 11th month, in 1918 – this Sunday marks 100 years since the end of the conflict.