Values have been changing and have risen £1,333 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,401 in last 6 months, £12,433 in last 1 year, £23,050 in last 2 years, £21,646 in last 3 years, £26,258 in last 4 years and £25,510 in last 5 years.
Currently average asking price of a property in Fernhill Road, Aberdeen, AB16 is around £385,000 based on approximately 0 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £1,117 per month.
Estimated property value in Fernhill Road, Aberdeen, AB16 is £154,103. Average asking price is £385,000 while average price paid is £129,932 which is up by £21,646 and Avg. asking rent £1,117.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 Fernhill Road, Aberdeen, AB16 area. In last 3 years alone average price buyer paid is around £129,932 based on approximately 7 sales in Fernhill Road, Aberdeen, AB16 area alone. If you compare it to last 5 years sales of 12 properties where buyers paid around £118,240. 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 £113,692 for 15 per sale.