Elder Avenue, Dumfries, DG2

Street Guide For Elder Avenue, Dumfries, DG2

 

Elder Avenue, Dumfries, DG2 Map

Estimated Price: £70,220
Average Asking Price: £198,454
Price change in last one year: £3,113
Average Price Paid: £54,600
Average Rent Rates: £470

 

Property Prices Breakdown in Elder Avenue, Dumfries, DG2

Average Price for property in Elder Avenue, Dumfries, DG2 is around £70,220 e.g. average price for semi-detached is around 79,860. Values have been changing and have risen £697 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,995 in last 6 months, £3,113 in last 1 year, £5,349 in last 2 years, £1,356 in last 3 years, £4,706 in last 4 years and £2,587 in last 5 years.

Currently average asking price of a property in Elder Avenue, Dumfries, DG2 is around £198,454 based on approximately 1 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £470 per month.

Estimated property value in Elder Avenue, Dumfries, DG2 is £70,220. Average asking price is £198,454 while average price paid is £78,000 which is up by £3,113 and Avg. asking rent £470.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 Elder Avenue, Dumfries, DG2 area. In last 1 year alone average price buyer paid is around £78,000 based on approximately 1 sales in Elder Avenue, Dumfries, DG2 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £78,000. 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 £54,600 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £69,733 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 £116,236, £100,865 for a 2 bedroom house, £173,944 for a 3 bedroom house, £274,793 for a 4 bedroom house and £307,389 for a 5 bedroom house. For a flat similarly the prices varies from £67,071 for a single bedroom to £73,893 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £79,580 and £80,000 for a 5 bedroom flat. To sum up the asking prices for properties in Elder Avenue, Dumfries, DG2 it comes to around average £84,949 for 1 bedroom property, £94,008 for 2 bedroom, £166,455 for 3 bedroom, £274,793 for 4 bedroom and £297,915 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 £425 for 1 bedroom to £440 for 2 bedroom, £474 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £368. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £475. You should be generally be expecting around average £387 rent per month for single bedroom property, £466 for 2 bedroom, £474 for 3 bedroom and approximately £750 for 4 bedroom property in Elder Avenue, Dumfries, DG2 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 Elder Avenue, Dumfries, DG2