Average Price for property in Dumfries is around £153,001 which varies based on type of property you are interested in and ranges from £232,800 for detached house to around £140,513 for semi-detached. Similarly terraced house is around £116,154 and a flat is worth £94,824. Values have been changing and have risen £1,334 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,839 in last 6 months, £7,385 in last 1 year, £12,661 in last 2 years, £5,730 in last 3 years, £11,632 in last 4 years and £7,558 in last 5 years.
Currently average asking price of a property in Dumfries is around £182,222 based on approximately 553 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £535 per month.
Estimated property value in Dumfries is £153,001. Average asking price is £182,222 while average price paid is £136,156 which is up by £7,385 and Avg. asking rent £535.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 Dumfries area. In last 1 year alone average price buyer paid is around £136,156 based on approximately 553 sales in Dumfries area alone. If you compare it to last 3 years sales of 1,741 properties where buyers paid around £131,964. 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 £131,011 for 2,787 and average amount paid for purchase of approx. 4,017 properties sold in last 7 years comes to about £131,207 per sale.