Hill Street, Dumfries, DG2

Street Guide For Hill Street, Dumfries, DG2

 

Hill Street, Dumfries, DG2 Map

Estimated Price: £136,841
Average Asking Price: £198,454
Price change in last one year: £6,062
Average Price Paid: £102,968
Average Rent Rates: £470

 

Property Prices Breakdown in Hill Street, Dumfries, DG2

Average Price for property in Hill Street, Dumfries, DG2 is around £136,841 which varies based on type of property you are interested in and ranges from £392,794 for detached house to around £259,902 for semi-detached. Similarly flat is around £85,637. Values have been changing and have risen £1,359 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,887 in last 6 months, £6,062 in last 1 year, £10,410 in last 2 years, £2,627 in last 3 years, £9,147 in last 4 years and £5,012 in last 5 years.

Currently average asking price of a property in Hill Street, Dumfries, DG2 is around £198,454 based on approximately 2 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £470 per month.

Estimated property value in Hill Street, Dumfries, DG2 is £136,841. Average asking price is £198,454 while average price paid is £157,500 which is up by £6,062 and Avg. asking rent £470.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 Hill Street, Dumfries, DG2 area. In last 1 year alone average price buyer paid is around £157,500 based on approximately 2 sales in Hill Street, Dumfries, DG2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £110,702. 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 £102,968 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £99,756 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 £116,236, £100,865 for a 2 bedroom house, £173,944 for a 3 bedroom house, £274,793 for a 4 bedroom house and £307,389 for a 5 bedroom house. For a flat similarly the prices varies from £67,071 for a single bedroom to £73,893 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £79,580 and £80,000 for a 5 bedroom flat. To sum up the asking prices for properties in Hill Street, Dumfries, DG2 it comes to around average £84,949 for 1 bedroom property, £94,008 for 2 bedroom, £166,455 for 3 bedroom, £274,793 for 4 bedroom and £297,915 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 £425 for 1 bedroom to £440 for 2 bedroom, £474 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £368. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £475. You should be generally be expecting around average £387 rent per month for single bedroom property, £466 for 2 bedroom, £474 for 3 bedroom and approximately £750 for 4 bedroom property in Hill Street, Dumfries, DG2 area.

Popular Houses in Hill Street, Dumfries, DG2

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 Hill Street, Dumfries, DG2