Gairn Terrace, Aberdeen, AB10

Street Guide For Gairn Terrace, Aberdeen, AB10

 

Gairn Terrace, Aberdeen, AB10 Map

Estimated Price: £250,253
Average Asking Price: £322,488
Price change in last one year: £21,340
Average Price Paid: £206,920
Average Rent Rates: £1,121

 

Property Prices Breakdown in Gairn Terrace, Aberdeen, AB10

Average Price for property in Gairn Terrace, Aberdeen, AB10 is around £250,253 which varies based on type of property you are interested in and ranges from £247,864 for detached house to around £258,946 for semi-detached. Similarly terraced house is around £294,545 and a flat is worth £160,196. Values have been changing and have risen £2,226 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,611 in last 6 months, £21,340 in last 1 year, £36,428 in last 2 years, £36,445 in last 3 years, £41,513 in last 4 years and £41,546 in last 5 years.

Currently average asking price of a property in Gairn Terrace, Aberdeen, AB10 is around £322,488 based on approximately 5 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £1,121 per month.

Estimated property value in Gairn Terrace, Aberdeen, AB10 is £250,253. Average asking price is £322,488 while average price paid is £267,911 which is up by £21,340 and Avg. asking rent £1,121.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 Gairn Terrace, Aberdeen, AB10 area. In last 1 year alone average price buyer paid is around £267,911 based on approximately 5 sales in Gairn Terrace, Aberdeen, AB10 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £213,398. 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 £206,920 for 30 and average amount paid for purchase of approx. 35 properties sold in last 7 years comes to about £209,642 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 3 bedroom is around £356,328 and £479,995 for a 4 bedroom house. To sum up the asking prices for properties in Gairn Terrace, Aberdeen, AB10 it comes to around average £356,328 for 3 bedroom property and £479,995 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 can vary from £1,668 for 3 bedroom to £1,826 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £739. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,026, £1,276 for 3 bedroom, £1,824 for 4 bedroom and around £4,658 for 5 bedroom flat. You should be generally be expecting around average £739 rent per month for single bedroom property, £1,026 for 2 bedroom, £1,511 for 3 bedroom, £1,825 for 4 bedroom and approximately £4,658 for a 5 bedroom property in Gairn Terrace, Aberdeen, AB10 area.

Popular Houses in Gairn Terrace, Aberdeen, AB10

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 Gairn Terrace, Aberdeen, AB10