Commerce Street, Lossiemouth, IV31

Street Guide For Commerce Street, Lossiemouth, IV31

 

Commerce Street, Lossiemouth, IV31 Map

Estimated Price: £142,543
Average Asking Price: £146,184
Price change in last one year: £887
Average Price Paid: £129,938
Average Rent Rates: £428

 

Property Prices Breakdown in Commerce Street, Lossiemouth, IV31

Average Price for property in Commerce Street, Lossiemouth, IV31 is around £142,543 which varies based on type of property you are interested in and ranges from £218,575 for detached house to around £154,514 for semi-detached. Similarly terraced house is around £131,966 and a flat is worth £127,084. Values have been changing and have risen £1,289 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,295 in last 6 months, £887 in last 1 year, £10,012 in last 2 years, £6,812 in last 3 years, £9,709 in last 4 years and £8,786 in last 5 years.

Currently average asking price of a property in Commerce Street, Lossiemouth, IV31 is around £146,184 based on approximately 2 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £428 per month.

Estimated property value in Commerce Street, Lossiemouth, IV31 is £142,543. Average asking price is £146,184 while average price paid is £122,539 which is up by £887 and Avg. asking rent £428.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 Commerce Street, Lossiemouth, IV31 area. In last 1 year alone average price buyer paid is around £122,539 based on approximately 2 sales in Commerce Street, Lossiemouth, IV31 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £145,384. 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 £129,938 for 15 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £138,983 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 2 bedroom is around £99,556, £142,744 for a 3 bedroom house, £246,556 for a 4 bedroom house and £265,000 for a 5 bedroom house. For a flat similarly the prices varies from £67,333 for a single bedroom to £93,883 for a 2 bedroom Flat. To sum up the asking prices for properties in Commerce Street, Lossiemouth, IV31 it comes to around average £67,333 for 1 bedroom property, £96,719 for 2 bedroom, £142,744 for 3 bedroom, £246,556 for 4 bedroom and £265,000 for a 5 bedroom property.

But if you are interested in renting a 2 bedroom flat then rent per month can be around £515. You should be generally be expecting around average £514 rent per month for 2 bedroom property in Commerce Street, Lossiemouth, IV31 area.

Popular Houses in Commerce Street, Lossiemouth, IV31

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 Commerce Street, Lossiemouth, IV31