Falkirk, FK1

Street Guide For Falkirk, FK1

 

Falkirk, FK1 Map

Estimated Price: £272,438
Average Asking Price: £160,874
Price change in last one year: £23,344
Average Price Paid: £181,055
Average Rent Rates: £450

 

Property Prices Breakdown in Falkirk, FK1

Average Price for property in Falkirk, FK1 is around £272,438 e.g. average price for detached house is around 288,913. Values have been changing and have risen £4,033 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,996 in last 6 months, £23,344 in last 1 year, £28,664 in last 2 years, £14,167 in last 3 years, £32,811 in last 4 years and £21,427 in last 5 years.

Currently average asking price of a property in Falkirk, FK1 is around £160,874 based on approximately 0 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £450 per month.

Estimated property value in Falkirk, FK1 is £272,438. Average asking price is £160,874 while average price paid is £163,819 which is up by £14,167 and Avg. asking rent £450.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 Falkirk, FK1 area. In last 3 years alone average price buyer paid is around £163,819 based on approximately 4 sales in Falkirk, FK1 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £181,055. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £196,610 for 7 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 £32,125, £80,624 for a 2 bedroom house, £132,771 for a 3 bedroom house, £244,760 for a 4 bedroom house and £429,462 for a 5 bedroom house. For a flat similarly the prices varies from £46,714 for a single bedroom to £64,688 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £174,000. To sum up the asking prices for properties in Falkirk, FK1 it comes to around average £44,469 for 1 bedroom property, £69,084 for 2 bedroom, £135,615 for 3 bedroom, £244,760 for 4 bedroom and £429,462 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 £474 for 2 bedroom to £576 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £362. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £446 and £475 for 3 bedroom. You should be generally be expecting around average £362 rent per month for single bedroom property, £454 for 2 bedroom and approximately £508 for 3 bedroom property in Falkirk, FK1 area.

Popular Houses in Falkirk, FK1

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 Falkirk, FK1