Grove Road, Broughty Ferry, Dundee, DD5

Street Guide For Grove Road, Broughty Ferry, Dundee, DD5

 
 

Grove Road, Broughty Ferry, Dundee, DD5 Map

Estimated Price: £233,324
Average Asking Price: £237,025
Price change in last one year: £20,148
Average Price Paid: £200,689
Average Rent Rates: £819

Reid Estate Ltd
Inveralmond Business Centre, 6 Auld Bond Road, Pe

Free House valuation

 

Property Prices Breakdown in Grove Road, Broughty Ferry, Dundee, DD5

Average Price for property in Grove Road, Broughty Ferry, Dundee, DD5 is around £233,324 which varies based on type of property you are interested in and ranges from £207,530 for detached house to around £273,193 for semi-detached. Similarly flat is around £217,564. Values have been changing and have risen £366 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £618 in last 6 months, £20,148 in last 1 year, £27,007 in last 2 years, £16,538 in last 3 years, £28,194 in last 4 years and £10,282 in last 5 years.

Currently average asking price of a property in Grove Road, Broughty Ferry, Dundee, DD5 is around £237,025 based on approximately 6 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £819 per month.

Estimated property value in Grove Road, Broughty Ferry, Dundee, DD5 is £233,324. Average asking price is £237,025 while average price paid is £175,833 which is up by £20,148 and Avg. asking rent £819.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 Grove Road, Broughty Ferry, Dundee, DD5 area. In last 1 year alone average price buyer paid is around £175,833 based on approximately 6 sales in Grove Road, Broughty Ferry, Dundee, DD5 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £176,615. 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 £200,689 for 14 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £197,884 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 2 bedroom is around £149,995, £153,738 for a 3 bedroom house, £310,825 for a 4 bedroom house and £275,000 for a 5 bedroom house. For a flat the prices of single bedroom is £57,500. To sum up the asking prices for properties in Grove Road, Broughty Ferry, Dundee, DD5 it comes to around average £57,500 for 1 bedroom property, £149,995 for 2 bedroom, £153,738 for 3 bedroom, £310,825 for 4 bedroom and £275,000 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 £587 for 2 bedroom to £650 for 3 bedroom, £1,215 for 4 bedroom and £1,699 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £467. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £627 and £901 for 3 bedroom. You should be generally be expecting around average £467 rent per month for single bedroom property, £618 for 2 bedroom, £776 for 3 bedroom, £1,215 for 4 bedroom and approximately £1,698 for a 5 bedroom property in Grove Road, Broughty Ferry, Dundee, DD5 area.

Popular Houses in Grove Road, Broughty Ferry, Dundee, DD5

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 Grove Road, Broughty Ferry, Dundee, DD5