Broom Road, Kinross, KY13

Street Guide For Broom Road, Kinross, KY13

 

Broom Road, Kinross, KY13 Map

Estimated Price: £353,319
Average Asking Price: £323,642
Price change in last one year: £12,470
Average Price Paid: £249,533
Average Rent Rates: £603

 

Property Prices Breakdown in Broom Road, Kinross, KY13

Average Price for property in Broom Road, Kinross, KY13 is around £353,319 e.g. average price for detached house is around 412,171. Values have been changing and have risen £4,016 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,543 in last 6 months, £12,470 in last 1 year, £33,550 in last 2 years, £44,745 in last 3 years, £45,148 in last 4 years and £43,324 in last 5 years.

Currently average asking price of a property in Broom Road, Kinross, KY13 is around £323,642 based on approximately 1 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £603 per month.

Estimated property value in Broom Road, Kinross, KY13 is £353,319. Average asking price is £323,642 while average price paid is £308,000 which is up by £12,470 and Avg. asking rent £603.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 Broom Road, Kinross, KY13 area. In last 1 year alone average price buyer paid is around £308,000 based on approximately 1 sales in Broom Road, Kinross, KY13 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £216,333. 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 £249,533 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £262,111 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 £120,000, £120,677 for a 2 bedroom house, £204,118 for a 3 bedroom house, £336,620 for a 4 bedroom house and £454,557 for a 5 bedroom house. For a flat similarly the prices varies from £99,583 for a single bedroom to £108,825 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £120,000. To sum up the asking prices for properties in Broom Road, Kinross, KY13 it comes to around average £102,500 for 1 bedroom property, £116,494 for 2 bedroom, £200,882 for 3 bedroom, £336,620 for 4 bedroom and £454,557 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 can vary from £585 for 2 bedroom to £750 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £494. You should be generally be expecting around average £555 rent per month for 2 bedroom property and approximately £750 for 3 bedroom property in Broom Road, Kinross, KY13 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 Broom Road, Kinross, KY13