Drummond Place, Stirling, FK8

Street Guide For Drummond Place, Stirling, FK8

 
 

Drummond Place, Stirling, FK8 Map

Estimated Price: £508,706
Average Asking Price: £226,358
Price change in last one year: £43,498
Average Price Paid: £449,435
Average Rent Rates: £758

Reid Estate Ltd
Inveralmond Business Centre, 6 Auld Bond Road, Pe

Free House valuation

 

Property Prices Breakdown in Drummond Place, Stirling, FK8

Average Price for property in Drummond Place, Stirling, FK8 is around £508,706 which varies based on type of property you are interested in and ranges from £576,476 for semi-detached to around £401,193 for a flat. Values have been changing and have risen £7,516 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,491 in last 6 months, £43,498 in last 1 year, £53,406 in last 2 years, £26,386 in last 3 years, £61,125 in last 4 years and £39,904 in last 5 years.

Currently average asking price of a property in Drummond Place, Stirling, FK8 is around £226,358 based on approximately 3 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £758 per month.

Estimated property value in Drummond Place, Stirling, FK8 is £508,706. Average asking price is £226,358 while average price paid is £440,870 which is up by £43,498 and Avg. asking rent £758.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 Drummond Place, Stirling, FK8 area. In last 1 year alone average price buyer paid is around £440,870 based on approximately 3 sales in Drummond Place, Stirling, FK8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £433,152. 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 £449,435 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £449,435 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 1 bedroom is around £115,000, £143,071 for a 2 bedroom house, £184,763 for a 3 bedroom house, £333,694 for a 4 bedroom house and £508,318 for a 5 bedroom house. For a flat similarly the prices varies from £75,444 for a single bedroom to £127,032 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £165,875 and £139,250 for a 4 bedroom flat. To sum up the asking prices for properties in Drummond Place, Stirling, FK8 it comes to around average £79,040 for 1 bedroom property, £132,474 for 2 bedroom, £178,193 for 3 bedroom, £322,583 for 4 bedroom and £508,318 for a 5 bedroom property.

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 can vary from £560 for 2 bedroom to £886 for 3 bedroom and £923 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £431. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £804, £1,047 for 3 bedroom and £650 for 4 bedroom. You should be generally be expecting around average £431 rent per month for single bedroom property, £768 for 2 bedroom, £955 for 3 bedroom and approximately £786 for 4 bedroom property in Drummond Place, Stirling, FK8 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 Drummond Place, Stirling, FK8