Property investment stats for Whitby, Yorkshire and The Humber

• The current median asking sale price for a 3-bedroom house is £265,000, and for a 2-bedroom flat it is £215,000, offering entry points for different investor budgets.
• Rental demand is supported by a rent-to-income ratio of 21.9%, and the median asking rent for a 2-bedroom flat is £850.
• Buyers can expect some negotiation power, as the median discount from asking price stands at £5,000 (the typical achieved discount).

• The 1-year capital growth has changed by -5.9%, which may signal short-term price volatility or cooling demand.
• The area has a low proportion of degree-educated residents and professionals, with both percentiles under 20, which could affect long-term growth potential.
• Liquidity is average, with homes typically spending 101 days on the market, so quick resales may not be guaranteed.

Looking ahead, Whitby’s property market is likely to remain stable, shaped by its older demographic and limited influx of younger families or professionals. The three-year capital growth of 14.9% and annualised growth of 4.7% indicate a solid track record, even if short-term performance has recently changed by -5.9%.

Affordability remains a relative strength, with the price-to-income ratio at 5.8, and moderate asking prices for both houses and flats. Investors should expect steady, rather than spectacular, returns, with rental yields around 3.6% and some room for negotiation on sale prices. The market will likely continue to appeal to downsizers and retirees, rather than those seeking rapid growth or high rental demand from young professionals.