Academy Drive, Banff, AB45

Street Guide For Academy Drive, Banff, AB45

 

Academy Drive, Banff, AB45 Map

Estimated Price: £113,680
Average Asking Price: £196,337
Price change in last one year: £9,174
Average Price Paid: £94,575
Average Rent Rates: £1,001

 

Property Prices Breakdown in Academy Drive, Banff, AB45

Average Price for property in Academy Drive, Banff, AB45 is around £113,680 e.g. average price for semi-detached is around 102,008. Values have been changing and have risen £984 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,772 in last 6 months, £9,174 in last 1 year, £17,008 in last 2 years, £15,972 in last 3 years, £19,376 in last 4 years and £18,827 in last 5 years.

Currently average asking price of a property in Academy Drive, Banff, AB45 is around £196,337 based on approximately 2 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £1,001 per month.

Estimated property value in Academy Drive, Banff, AB45 is £113,680. Average asking price is £196,337 while average price paid is £108,500 which is up by £9,174 and Avg. asking rent £1,001.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 Academy Drive, Banff, AB45 area. In last 1 year alone average price buyer paid is around £108,500 based on approximately 2 sales in Academy Drive, Banff, AB45 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £99,000. 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 £94,575 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £107,185 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 1 bedroom is around £106,000, £128,749 for a 2 bedroom house, £202,800 for a 3 bedroom house, £243,500 for a 4 bedroom house and £214,499 for a 5 bedroom house. For a flat similarly the prices varies from £45,000 for a single bedroom to £59,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Academy Drive, Banff, AB45 it comes to around average £75,500 for 1 bedroom property, £114,799 for 2 bedroom, £202,800 for 3 bedroom, £243,500 for 4 bedroom and £214,499 for a 5 bedroom property.

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 £1,001 for 4 bedroom. You should be generally be expecting around average £1,001 rent per month for 4 bedroom property in Academy Drive, Banff, AB45 area.

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.

Areas in and around Academy Drive, Banff, AB45