Chapelwell Place, Balmedie, Aberdeen, AB23

Street Guide For Chapelwell Place, Balmedie, Aberdeen, AB23

 

Chapelwell Place, Balmedie, Aberdeen, AB23 Map

Estimated Price: £393,634
Average Asking Price: £382,598
Price change in last one year: £31,746
Average Price Paid: £322,411
Average Rent Rates: £1,239

 

Property Prices Breakdown in Chapelwell Place, Balmedie, Aberdeen, AB23

Average Price for property in Chapelwell Place, Balmedie, Aberdeen, AB23 is around £393,634 e.g. average price for detached house is around 376,785. Values have been changing and have risen £3,403 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,128 in last 6 months, £31,746 in last 1 year, £58,856 in last 2 years, £55,257 in last 3 years, £67,031 in last 4 years and £65,112 in last 5 years.

Currently average asking price of a property in Chapelwell Place, Balmedie, Aberdeen, AB23 is around £382,598 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,239 per month.

Estimated property value in Chapelwell Place, Balmedie, Aberdeen, AB23 is £393,634. Average asking price is £382,598 while average price paid is £398,483 which is up by £31,746 and Avg. asking rent £1,239.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 Chapelwell Place, Balmedie, Aberdeen, AB23 area. In last 1 year alone average price buyer paid is around £398,483 based on approximately 2 sales in Chapelwell Place, Balmedie, Aberdeen, AB23 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £328,893. 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 £322,411 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £319,308 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 £301,995, £348,332 for a 4 bedroom house and £591,667 for a 5 bedroom house. To sum up the asking prices for properties in Chapelwell Place, Balmedie, Aberdeen, AB23 it comes to around average £301,995 for 3 bedroom property, £348,332 for 4 bedroom and £591,667 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 £1,101 for 1 bedroom to £901 for 2 bedroom, £1,798 for 4 bedroom and £2,201 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £719. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £975. You should be generally be expecting around average £910 rent per month for single bedroom property, £950 for 2 bedroom, £1,798 for 4 bedroom and approximately £2,201 for 5 bedroom property in Chapelwell Place, Balmedie, Aberdeen, AB23 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 Chapelwell Place, Balmedie, Aberdeen, AB23