Average Price for property in Colin Gibson Drive, Monifieth, Dundee, DD5 is around £283,918 e.g. average price for detached house is around 277,523. Values have been changing and have risen £447 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £754 in last 6 months, £24,619 in last 1 year, £33,000 in last 2 years, £20,206 in last 3 years, £34,449 in last 4 years and £12,561 in last 5 years.
Currently average asking price of a property in Colin Gibson Drive, Monifieth, Dundee, DD5 is around £237,025 based on approximately 3 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £839 per month.
Estimated property value in Colin Gibson Drive, Monifieth, Dundee, DD5 is £283,918. Average asking price is £237,025 while average price paid is £256,666 which is up by £24,619 and Avg. asking rent £839.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 Colin Gibson Drive, Monifieth, Dundee, DD5 area. In last 1 year alone average price buyer paid is around £256,666 based on approximately 3 sales in Colin Gibson Drive, Monifieth, Dundee, DD5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £239,500. 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 £235,989 for 14 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £237,584 per sale.