Institution Road, Fochabers, IV32

Street Guide For Institution Road, Fochabers, IV32

 

Institution Road, Fochabers, IV32 Map

Estimated Price: £110,243
Average Asking Price: £188,045
Price change in last one year: £658
Average Price Paid: £90,703
Average Rent Rates: £456

 

Property Prices Breakdown in Institution Road, Fochabers, IV32

Average Price for property in Institution Road, Fochabers, IV32 is around £110,243 e.g. average price for semi-detached is around 167,419. Values have been changing and have risen £956 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,184 in last 6 months, £658 in last 1 year, £7,424 in last 2 years, £5,053 in last 3 years, £7,200 in last 4 years and £6,517 in last 5 years.

Currently average asking price of a property in Institution Road, Fochabers, IV32 is around £188,045 based on approximately 2 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £456 per month.

Estimated property value in Institution Road, Fochabers, IV32 is £110,243. Average asking price is £188,045 while average price paid is £91,000 which is up by £658 and Avg. asking rent £456.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 Institution Road, Fochabers, IV32 area. In last 1 year alone average price buyer paid is around £91,000 based on approximately 2 sales in Institution Road, Fochabers, IV32 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £90,703. 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 £90,703 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £90,703 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 £122,500, £123,900 for a 2 bedroom house, £180,333 for a 3 bedroom house, £234,350 for a 4 bedroom house and £222,980 for a 5 bedroom house. To sum up the asking prices for properties in Institution Road, Fochabers, IV32 it comes to around average £122,500 for 1 bedroom property, £123,900 for 2 bedroom, £180,333 for 3 bedroom, £234,350 for 4 bedroom and £222,980 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 is £602 for 3 bedroom. You should be generally be expecting around average £602 rent per month for 3 bedroom property in Institution Road, Fochabers, IV32 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 Institution Road, Fochabers, IV32