Values have been changing and have risen £146 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £247 in last 6 months, £7,978 in last 1 year, £10,696 in last 2 years, £6,559 in last 3 years, £11,175 in last 4 years and £4,093 in last 5 years.
Currently average asking price of a property in Demondale Road, Arbroath, DD11 is around £261,399 based on approximately 4 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £474 per month.
Estimated property value in Demondale Road, Arbroath, DD11 is £86,644. Average asking price is £261,399 while average price paid is £81,750 which is up by £7,978 and Avg. asking rent £474.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 Demondale Road, Arbroath, DD11 area. In last 1 year alone average price buyer paid is around £81,750 based on approximately 4 sales in Demondale Road, Arbroath, DD11 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £75,857. 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 £75,960 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £78,650 per sale.