Average Price for property in Forfar is around £163,162 which varies based on type of property you are interested in and ranges from £246,816 for detached house to around £142,223 for semi-detached. Similarly terraced house is around £112,443 and a flat is worth £94,277. Values have been changing and have risen £113 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £867 in last 6 months, £12,174 in last 1 year, £18,929 in last 2 years, £13,048 in last 3 years, £13,702 in last 4 years and £11,490 in last 5 years.
Currently average asking price of a property in Forfar is around £262,100 based on approximately 250 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £479 per month.
Estimated property value in Forfar is £163,162. Average asking price is £262,100 while average price paid is £157,948 which is up by £12,174 and Avg. asking rent £479.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 Forfar area. In last 1 year alone average price buyer paid is around £157,948 based on approximately 250 sales in Forfar area alone. If you compare it to last 3 years sales of 694 properties where buyers paid around £145,357. 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 £142,844 for 1,038 and average amount paid for purchase of approx. 1,547 properties sold in last 7 years comes to about £141,050 per sale.