Scarborough is a beautiful historic seaside town.
If you want to move there, a quick overview of Scarborough’s current property market is an excellent place to start.
Next, learning about the most and least affordable postcodes is essential.
Ready to get started? Let’s jump in.
An overview of Scarborough’s property market
Although there was a slight dip in Scarborough’s property prices in 2023, they are up by an average of 6% from the peak of 2021.
The North Yorkshire seaside town has a strong history of property price growth, with a 34.58% increase across the past five years.
With ongoing investments in transportation, education, and entertainment facilities, it is poised for continued growth.
Scarborough’s most affordable areas to live
There’s something in Scarborough for all kinds of property buyers. This applies whether you’re trying to get your foot on the property ladder or are looking for an affordable holiday home.
Ramshill Road
Ramshill Road’s quaint streets are filled with character, and it boasts a real sense of community.
Additionally, the property prices here are more budget-friendly than other parts of Scarborough.
The average cost of a property on Ramshill Road is £102,515. This figure is increasing by around 1.9% annually, making the area perfect for first-time buyers or holiday home seekers.
What’s more, it’s only an 8-minute walk from Scarborough Beach, and a 10-minute walk to the train station and the town centre. This makes it perfect for those who value accessibility and coastal walks.
Scarborough Central
Scarborough Central is Scarborough’s town centre. It’s a great central location for those who enjoy pubs, restaurants, and seaside living. And it has excellent links to nearby towns and cities.
Despite its central location, property prices in Scarborough Central remain surprisingly affordable.
It’s an excellent option for those who want to experience the town’s vibrant energy without breaking the bank.
Most properties here are flats, and the average property price is £197,915.
North Bay
North Bay is a long, sandy beach just north of Scarborough.
It offers scenic walks, coastal views, and a cracking selection of fish and chip shops. If you want an active beach lifestyle or simply fresh sea air, North Bay is the place for you.
Properties in North Bay sell for an average of £164,310. There are flats with sea views, terraced properties, and even a few detached bungalows.
Scarborough’s most expensive areas to live
If your budget can stretch further, check out some of these more affluent parts of Scarborough.
Scalby
Scalby is around 2.4 miles outside Scarborough and is known for its picturesque and upscale surroundings.
It offers a tranquil escape from the hustle and bustle of the town centre while providing convenient access to its amenities. And it contains many spacious estates, luxury cottages, and other prestigious residences.
The average house in Scalby sells for £372,243, making it almost three times more expensive than the cheapest parts of Scarborough.
Brompton-by-Sawdon
Brompton-by-Sawdon is one of the most exclusive areas on this list.
It is a charming church village with abundant period homes, grand estates, and sprawling countryside manors. If you like old-world charm, you’re spoilt for choice.
The average property here is £648,000, making it the most expensive area in the town.
Throxenby
Throxenby is a suburban gem nestled northeast of Scarborough.
It’s known for its peaceful residential streets and family-friendly atmosphere. It offers a serene retreat from the bustle of the town while still providing quick access to the seaside.
The average home here sells for £460,000.
Sell your Scarborough home fast
Ready to move on to new pastures? We don’t blame you. Scarborough is the perfect escape from the stresses of modern life, with a range of charming neighbourhoods to choose from.
Whether you’re looking to downsize, upgrade, or make a fresh start, selling your house in Scarborough can be a smooth and hassle-free process with We Buy Any Home.
As the UK’s leading cash property-buying company, we can make you a competitive cash offer on your Scarborough home.
We can make you an offer within 24 hours of contact and buy your Scarborough home with cash in as little as seven days.
That means no expensive staging, stressful house viewings, or lengthy negotiations. Instead, enjoy peace of mind with a guaranteed cash offer.
Ready to start your next adventure? Get your free, no-obligation cash offer today.