Values have been changing and have risen £143 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £243 in last 6 months, £7,840 in last 1 year, £10,510 in last 2 years, £6,443 in last 3 years, £10,980 in last 4 years and £4,022 in last 5 years.
Currently average asking price of a property in Balmoral Terrace, Broughty Ferry, Dundee, DD4 is around £158,632 based on approximately 1 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £509 per month.
Estimated property value in Balmoral Terrace, Broughty Ferry, Dundee, DD4 is £90,731. Average asking price is £158,632 while average price paid is £27,200 which is up by £7,840 and Avg. asking rent £509.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 Balmoral Terrace, Broughty Ferry, Dundee, DD4 area. In last 1 year alone average price buyer paid is around £27,200 based on approximately 1 sales in Balmoral Terrace, Broughty Ferry, Dundee, DD4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £48,100. 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 £48,100 for 2 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £53,800 per sale.