Aberlour

Area Guide For Aberlour

Aberlour, is the name of a spot in Moray, it is a tiny village in Scotland, 12 miles south of Elgin headed straight toward Grantown. A smolder (stream), a tributary of the River Spey, and encompassing area, are both named Aberlour, yet the name is most regularly utilized as a part of reference to the town which straddles the stream and flanks the Spey – despite the fact that the full name of the town is Charlestown of Aberlour. The population of the town has been calculated to 972. The current town, Charlestown of Aberlour, was "established by Mr. Charles Grant of Elchies in 1812 - with the name of Charlestown of Aberlour after his child Charles.

 
 

Aberlour Map

Estimated Price: £198,385
Average Asking Price: £235,714
Price change in last one year: £15,428
Average Price Paid: £159,829
Average Rent Rates: £425

 
 

Property Prices Breakdown in Aberlour

Average Price for property in Aberlour is around £198,385 which varies based on type of property you are interested in and ranges from £334,714 for detached house to around £133,143 for semi-detached. Similarly terraced house is around £105,676 and a flat is worth £110,136. Values have been changing and have risen £1,911 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,047 in last 6 months, £15,428 in last 1 year, £29,388 in last 2 years, £27,019 in last 3 years, £33,684 in last 4 years and £32,217 in last 5 years.

Currently average asking price of a property in Aberlour is around £235,714 based on approximately 47 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £425 per month.

Estimated property value in Aberlour is £198,385. Average asking price is £235,714 while average price paid is £158,137 which is up by £15,428 and Avg. asking rent £425.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 Aberlour area. In last 1 year alone average price buyer paid is around £158,137 based on approximately 47 sales in Aberlour area alone. If you compare it to last 3 years sales of 143 properties where buyers paid around £163,191. 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 £159,829 for 215 and average amount paid for purchase of approx. 318 properties sold in last 7 years comes to about £149,224 per sale.

 
 

Properties For Sale in Aberlour

 
 

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 2 bedroom is around £72,000, £156,682 for a 3 bedroom house, £263,490 for a 4 bedroom house and £336,250 for a 5 bedroom house. To sum up the asking prices for properties in Aberlour it comes to around average £72,000 for 2 bedroom property, £156,682 for 3 bedroom, £263,490 for 4 bedroom and £336,250 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 is £524 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £325. You should be generally be expecting around average £325 rent per month for single bedroom property and approximately £524 for 3 bedroom property in Aberlour area.

Popular Houses in Aberlour

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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