Forbes Road, Forres, IV36

Street Guide For Forbes Road, Forres, IV36

 

Forbes Road, Forres, IV36 Map

Estimated Price: £185,381
Average Asking Price: £184,239
Price change in last one year: £1,104
Average Price Paid: £158,750
Average Rent Rates: £563

 

Property Prices Breakdown in Forbes Road, Forres, IV36

Average Price for property in Forbes Road, Forres, IV36 is around £185,381 e.g. average price for detached house is around 185,381. Values have been changing and have risen £1,607 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,353 in last 6 months, £1,104 in last 1 year, £12,477 in last 2 years, £8,487 in last 3 years, £12,094 in last 4 years and £10,941 in last 5 years.

Currently average asking price of a property in Forbes Road, Forres, IV36 is around £184,239 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £563 per month.

Estimated property value in Forbes Road, Forres, IV36 is £185,381. Average asking price is £184,239 while average price paid is £172,500 which is up by £1,104 and Avg. asking rent £563.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 Forbes Road, Forres, IV36 area. In last 1 year alone average price buyer paid is around £172,500 based on approximately 1 sales in Forbes Road, Forres, IV36 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £158,750. 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 £158,750 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £158,750 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 £58,000, £138,629 for a 2 bedroom house, £183,585 for a 3 bedroom house, £250,025 for a 4 bedroom house and £319,433 for a 5 bedroom house. For a flat similarly the prices varies from £99,950 for a single bedroom to £103,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Forbes Road, Forres, IV36 it comes to around average £78,975 for 1 bedroom property, £130,078 for 2 bedroom, £183,585 for 3 bedroom, £250,025 for 4 bedroom and £319,433 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 £581 for 2 bedroom to £650 for 3 bedroom and £598 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £494. You should be generally be expecting around average £523 rent per month for 2 bedroom property, £650 for 3 bedroom and approximately £598 for 4 bedroom property in Forbes Road, Forres, IV36 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 Forbes Road, Forres, IV36