Farrell Place, Ayr, KA8

Street Guide For Farrell Place, Ayr, KA8

 

Farrell Place, Ayr, KA8 Map

Estimated Price: £62,226
Average Asking Price: £101,394
Price change in last one year: £2,169
Average Price Paid: £50,461
Average Rent Rates: £447

 

Property Prices Breakdown in Farrell Place, Ayr, KA8

Average Price for property in Farrell Place, Ayr, KA8 is around £62,226 e.g. average price for a flat is around 59,503. Values have been changing and have risen £116 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £444 in last 6 months, £2,169 in last 1 year, £5,887 in last 2 years, £4,865 in last 3 years, £3,487 in last 4 years and £2,170 in last 5 years.

Currently average asking price of a property in Farrell Place, Ayr, KA8 is around £101,394 based on approximately 0 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £447 per month.

Estimated property value in Farrell Place, Ayr, KA8 is £62,226. Average asking price is £101,394 while average price paid is £50,461 which is up by £4,865 and Avg. asking rent £447.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 Farrell Place, Ayr, KA8 area. In last 3 years alone average price buyer paid is around £50,461 based on approximately 2 sales in Farrell Place, Ayr, KA8 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £50,461. 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 £55,307 for 3 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 2 bedroom is around £100,208, £124,367 for a 3 bedroom house and £148,488 for a 4 bedroom house. For a flat similarly the prices varies from £54,883 for a single bedroom to £65,777 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £65,738. To sum up the asking prices for properties in Farrell Place, Ayr, KA8 it comes to around average £54,883 for 1 bedroom property, £75,854 for 2 bedroom, £115,681 for 3 bedroom and £148,488 for 4 bedroom.

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 is £550 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £372. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £462 and £451 for 3 bedroom. You should be generally be expecting around average £372 rent per month for single bedroom property, £466 for 2 bedroom and approximately £451 for 3 bedroom property in Farrell Place, Ayr, KA8 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 Farrell Place, Ayr, KA8