Gillbrae, Dumfries, DG1

Street Guide For Gillbrae, Dumfries, DG1

 

Gillbrae, Dumfries, DG1 Map

Estimated Price: £87,432
Average Asking Price: £170,340
Price change in last one year: £3,875
Average Price Paid: £72,833
Average Rent Rates: £640

 

Property Prices Breakdown in Gillbrae, Dumfries, DG1

Average Price for property in Gillbrae, Dumfries, DG1 is around £87,432 which varies based on type of property you are interested in and ranges from £94,880 for semi-detached to around £94,326 for terraced house. Values have been changing and have risen £868 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,484 in last 6 months, £3,875 in last 1 year, £6,655 in last 2 years, £1,685 in last 3 years, £5,853 in last 4 years and £3,215 in last 5 years.

Currently average asking price of a property in Gillbrae, Dumfries, DG1 is around £170,340 based on approximately 0 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £640 per month.

Estimated property value in Gillbrae, Dumfries, DG1 is £87,432. Average asking price is £170,340 while average price paid is £66,750 which is up by £1,685 and Avg. asking rent £640.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 Gillbrae, Dumfries, DG1 area. In last 3 years alone average price buyer paid is around £66,750 based on approximately 2 sales in Gillbrae, Dumfries, DG1 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £72,833. 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 £83,642 for 7 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 £78,165, £115,357 for a 2 bedroom house, £150,496 for a 3 bedroom house, £244,389 for a 4 bedroom house and £324,999 for a 5 bedroom house. For a flat similarly the prices varies from £71,330 for a single bedroom to £76,997 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £117,921. To sum up the asking prices for properties in Gillbrae, Dumfries, DG1 it comes to around average £73,039 for 1 bedroom property, £99,636 for 2 bedroom, £147,990 for 3 bedroom, £244,389 for 4 bedroom and £324,999 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 £195 for 1 bedroom to £495 for 2 bedroom and £485 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £408. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £442. You should be generally be expecting around average £366 rent per month for single bedroom property, £484 for 2 bedroom and approximately £485 for 3 bedroom property in Gillbrae, Dumfries, DG1 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 Gillbrae, Dumfries, DG1