Average Price for property in Montrose is around £165,683 which varies based on type of property you are interested in and ranges from £265,665 for detached house to around £177,964 for semi-detached. Similarly terraced house is around £141,178 and a flat is worth £91,548. Values have been changing and have risen £489 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £188 in last 6 months, £14,848 in last 1 year, £21,201 in last 2 years, £14,176 in last 3 years, £20,811 in last 4 years and £8,993 in last 5 years.
Currently average asking price of a property in Montrose is around £205,538 based on approximately 413 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £490 per month.
Estimated property value in Montrose is £165,683. Average asking price is £205,538 while average price paid is £162,549 which is up by £14,848 and Avg. asking rent £490.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 Montrose area. In last 1 year alone average price buyer paid is around £162,549 based on approximately 413 sales in Montrose area alone. If you compare it to last 3 years sales of 1,136 properties where buyers paid around £157,728. 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 £151,673 for 1,733 and average amount paid for purchase of approx. 2,510 properties sold in last 7 years comes to about £149,296 per sale.