Cheyne Road, Aberdeen, AB24

Street Guide For Cheyne Road, Aberdeen, AB24

 

Cheyne Road, Aberdeen, AB24 Map

Estimated Price: £370,548
Average Asking Price: £192,608
Price change in last one year: £29,749
Average Price Paid: £304,000
Average Rent Rates: £953

 

Property Prices Breakdown in Cheyne Road, Aberdeen, AB24

Average Price for property in Cheyne Road, Aberdeen, AB24 is around £370,548 e.g. average price for detached house is around 366,682. Values have been changing and have risen £2,844 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,239 in last 6 months, £29,749 in last 1 year, £56,048 in last 2 years, £54,693 in last 3 years, £59,908 in last 4 years and £61,520 in last 5 years.

Currently average asking price of a property in Cheyne Road, Aberdeen, AB24 is around £192,608 based on approximately 2 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £953 per month.

Estimated property value in Cheyne Road, Aberdeen, AB24 is £370,548. Average asking price is £192,608 while average price paid is £290,000 which is up by £29,749 and Avg. asking rent £953.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 Cheyne Road, Aberdeen, AB24 area. In last 1 year alone average price buyer paid is around £290,000 based on approximately 2 sales in Cheyne Road, Aberdeen, AB24 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £309,375. 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 £304,000 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £279,285 per sale.

 
 

For a flat similarly the prices varies from £153,330 for a single bedroom to £246,281 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £140,000. To sum up the asking prices for properties in Cheyne Road, Aberdeen, AB24 it comes to around average £153,330 for 1 bedroom property, £246,281 for 2 bedroom and £140,000 for 3 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 is £1,299 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £718. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,011 and £1,272 for 3 bedroom. You should be generally be expecting around average £718 rent per month for single bedroom property, £1,011 for 2 bedroom and approximately £1,283 for 3 bedroom property in Cheyne Road, Aberdeen, AB24 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 Cheyne Road, Aberdeen, AB24