Balormie Place, Lossiemouth, IV31

Street Guide For Balormie Place, Lossiemouth, IV31

 

Balormie Place, Lossiemouth, IV31 Map

Estimated Price: £86,307
Average Asking Price: £146,184
Price change in last one year: £556
Average Price Paid: £55,000
Average Rent Rates: £428

 

Property Prices Breakdown in Balormie Place, Lossiemouth, IV31

Average Price for property in Balormie Place, Lossiemouth, IV31 is around £86,307 which varies based on type of property you are interested in and ranges from £122,530 for semi-detached to around £64,862 for a flat. Values have been changing and have risen £806 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,682 in last 6 months, £556 in last 1 year, £6,253 in last 2 years, £4,260 in last 3 years, £6,069 in last 4 years and £5,495 in last 5 years.

Currently average asking price of a property in Balormie Place, Lossiemouth, IV31 is around £146,184 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £428 per month.

Estimated property value in Balormie Place, Lossiemouth, IV31 is £86,307. Average asking price is £146,184 while average price paid is £60,000 which is up by £556 and Avg. asking rent £428.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 Balormie Place, Lossiemouth, IV31 area. In last 1 year alone average price buyer paid is around £60,000 based on approximately 1 sales in Balormie Place, Lossiemouth, IV31 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £55,000. 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 £55,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £58,333 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 2 bedroom is around £99,556, £142,744 for a 3 bedroom house, £246,556 for a 4 bedroom house and £265,000 for a 5 bedroom house. For a flat similarly the prices varies from £67,333 for a single bedroom to £93,883 for a 2 bedroom Flat. To sum up the asking prices for properties in Balormie Place, Lossiemouth, IV31 it comes to around average £67,333 for 1 bedroom property, £96,719 for 2 bedroom, £142,744 for 3 bedroom, £246,556 for 4 bedroom and £265,000 for a 5 bedroom property.

But if you are interested in renting a 2 bedroom flat then rent per month can be around £515. You should be generally be expecting around average £514 rent per month for 2 bedroom property in Balormie Place, Lossiemouth, IV31 area.

Popular Houses in Balormie Place, Lossiemouth, IV31

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 Balormie Place, Lossiemouth, IV31