Values have been changing and have risen £1,307 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,354 in last 6 months, £12,187 in last 1 year, £22,594 in last 2 years, £21,217 in last 3 years, £25,738 in last 4 years and £25,005 in last 5 years.
Currently average asking price of a property in Cornhill Terrace, Aberdeen, AB16 is around £385,000 based on approximately 5 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £1,117 per month.
Estimated property value in Cornhill Terrace, Aberdeen, AB16 is £151,049. Average asking price is £385,000 while average price paid is £149,150 which is up by £12,187 and Avg. asking rent £1,117.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 Cornhill Terrace, Aberdeen, AB16 area. In last 1 year alone average price buyer paid is around £149,150 based on approximately 5 sales in Cornhill Terrace, Aberdeen, AB16 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £149,874. 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 £144,205 for 17 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £144,161 per sale.