Average Price for property in Faburn Terrace, Lumphanan, Banchory, AB31 is around £282,445 e.g. average price for detached house is around 296,769. Values have been changing and have risen £2,443 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,399 in last 6 months, £22,783 in last 1 year, £42,238 in last 2 years, £39,657 in last 3 years, £48,107 in last 4 years and £46,734 in last 5 years.
Currently average asking price of a property in Faburn Terrace, Lumphanan, Banchory, AB31 is around £506,874 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,504 per month.
Estimated property value in Faburn Terrace, Lumphanan, Banchory, AB31 is £282,445. Average asking price is £506,874 while average price paid is £240,000 which is up by £22,783 and Avg. asking rent £1,504.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 Faburn Terrace, Lumphanan, Banchory, AB31 area. In last 1 year alone average price buyer paid is around £240,000 based on approximately 2 sales in Faburn Terrace, Lumphanan, Banchory, AB31 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £246,500. 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 £246,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £246,500 per sale.