Cairnvale Terrace, Aberdeen, AB12

Street Guide For Cairnvale Terrace, Aberdeen, AB12

 

Cairnvale Terrace, Aberdeen, AB12 Map

Estimated Price: £108,916
Average Asking Price: £464,870
Price change in last one year: £8,789
Average Price Paid: £91,250
Average Rent Rates: £1,303

 

Property Prices Breakdown in Cairnvale Terrace, Aberdeen, AB12

Average Price for property in Cairnvale Terrace, Aberdeen, AB12 is around £108,916 e.g. average price for a flat is around 161,000. Values have been changing and have risen £943 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,699 in last 6 months, £8,789 in last 1 year, £16,295 in last 2 years, £15,303 in last 3 years, £18,564 in last 4 years and £18,038 in last 5 years.

Currently average asking price of a property in Cairnvale Terrace, Aberdeen, AB12 is around £464,870 based on approximately 1 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £1,303 per month.

Estimated property value in Cairnvale Terrace, Aberdeen, AB12 is £108,916. Average asking price is £464,870 while average price paid is £99,000 which is up by £8,789 and Avg. asking rent £1,303.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 Cairnvale Terrace, Aberdeen, AB12 area. In last 1 year alone average price buyer paid is around £99,000 based on approximately 1 sales in Cairnvale Terrace, Aberdeen, AB12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £85,000. 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 £91,250 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £92,214 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 3 bedroom is around £304,995, £565,499 for a 4 bedroom house and £717,975 for a 5 bedroom house. To sum up the asking prices for properties in Cairnvale Terrace, Aberdeen, AB12 it comes to around average £304,995 for 3 bedroom property, £565,499 for 4 bedroom and £717,975 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 can vary from £1,275 for 3 bedroom to £1,950 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £624. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £802. You should be generally be expecting around average £624 rent per month for single bedroom property, £802 for 2 bedroom, £1,275 for 3 bedroom and approximately £1,950 for 4 bedroom property in Cairnvale Terrace, Aberdeen, AB12 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 Cairnvale Terrace, Aberdeen, AB12