Moffat

Area Guide For Moffat

Moffat (Scottish Gaelic: Am Magh Fada, "The Long Plain") is a previous burgh and spa town in Dumfries and Galloway, Scotland, lying on the Stream Annan, with a populace of around 2,500. It was a core of the fleece exchange and a spa town. The Moffat House Lodging, spotted at the northern end of the High Road, was composed by John Adam. The close-by Star Inn, a simple 20 ft (6 m) wide, bragged a record in the Guinness Book of Records as the narrowest lodging on the planet. Moffat won the England in Sprout challenge in 1996. Moffat is the home to Moffat toffee. The town is held to be the inborn seat of Family Moffat. The Villain's Hamburger Tub close Moffat was utilized by the individuals from Faction Moffat and later the individuals from Family Johnstone to store cows stolen in savage assaults.

 
 

Moffat Map

Estimated Price: £210,423
Average Asking Price: £264,681
Price change in last one year: £10,022
Average Price Paid: £166,538
Average Rent Rates: £399

 
 

Property Prices Breakdown in Moffat

Average Price for property in Moffat is around £210,423 which varies based on type of property you are interested in and ranges from £328,105 for detached house to around £164,246 for semi-detached. Similarly terraced house is around £147,120 and a flat is worth £157,135. Values have been changing and have risen £1,811 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,209 in last 6 months, £10,022 in last 1 year, £17,182 in last 2 years, £7,772 in last 3 years, £15,780 in last 4 years and £10,250 in last 5 years.

Currently average asking price of a property in Moffat is around £264,681 based on approximately 44 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £399 per month.

Estimated property value in Moffat is £210,423. Average asking price is £264,681 while average price paid is £158,154 which is up by £10,022 and Avg. asking rent £399.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 Moffat area. In last 1 year alone average price buyer paid is around £158,154 based on approximately 44 sales in Moffat area alone. If you compare it to last 3 years sales of 153 properties where buyers paid around £162,229. 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 £166,538 for 268 and average amount paid for purchase of approx. 365 properties sold in last 7 years comes to about £167,806 per sale.

 
 

Properties For Sale in Moffat

 
 

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 £141,143, £188,618 for a 3 bedroom house, £256,922 for a 4 bedroom house and £328,000 for a 5 bedroom house. For a flat similarly the prices varies from £119,714 for a 2 bedroom to £123,167 for a 3 bedroom Flat. Same is the case with 4 bedroom flat £195,000. To sum up the asking prices for properties in Moffat it comes to around average £130,428 for 2 bedroom property, £170,768 for 3 bedroom, £252,499 for 4 bedroom and £328,000 for 5 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 £377 for 1 bedroom to £420 for 3 bedroom. You should be generally be expecting around average £377 rent per month for single bedroom property and approximately £420 for 3 bedroom property in Moffat area.

Popular Houses in Moffat

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.

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