AB31

Real Estate Area Guide For AB31

 

AB31 Map

Estimated Price: £350,209
Average Asking Price: £506,874
Price change in last one year: £29,046
Average Price Paid: £291,331
Average Rent Rates: £1,366

 

Property Prices Breakdown in AB31

Average Price for property in AB31 is around £350,209 which varies based on type of property you are interested in and ranges from £468,286 for detached house to around £264,645 for semi-detached. Similarly terraced house is around £240,845 and a flat is worth £165,356. Values have been changing and have risen £3,114 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,607 in last 6 months, £29,046 in last 1 year, £53,850 in last 2 years, £50,559 in last 3 years, £61,333 in last 4 years and £59,579 in last 5 years.

Currently average asking price of a property in AB31 is around £506,874 based on approximately 266 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,366 per month.

Estimated property value in AB31 is £350,209. Average asking price is £506,874 while average price paid is £315,118 which is up by £29,046 and Avg. asking rent £1,366.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in AB31 area. In last 1 year alone average price buyer paid is around £315,118 based on approximately 266 sales in AB31 area alone. If you compare it to last 3 years sales of 775 properties where buyers paid around £294,962. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £291,331 for 1,169 and average amount paid for purchase of approx. 1,595 properties sold in last 7 years comes to about £288,830 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 3 bedroom is around £310,000, £721,665 for a 4 bedroom house and £720,000 for a 5 bedroom house. To sum up the asking prices for properties in AB31 it comes to around average £310,000 for 3 bedroom property, £721,665 for 4 bedroom and £720,000 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £949 for 1 bedroom to £1,400 for 3 bedroom, £1,798 for 4 bedroom and £2,401 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £802. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £862. You should be generally be expecting around average £876 rent per month for single bedroom property, £862 for 2 bedroom, £1,400 for 3 bedroom, £1,798 for 4 bedroom and approximately £2,400 for a 5 bedroom property in AB31 area.

Popular Houses in AB31

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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