King Street, Oldmeldrum, Inverurie, AB51

Street Guide For King Street, Oldmeldrum, Inverurie, AB51

 

King Street, Oldmeldrum, Inverurie, AB51 Map

Estimated Price: £255,543
Average Asking Price: £389,700
Price change in last one year: £21,053
Average Price Paid: £243,668
Average Rent Rates: £1,277

 

Property Prices Breakdown in King Street, Oldmeldrum, Inverurie, AB51

Average Price for property in King Street, Oldmeldrum, Inverurie, AB51 is around £255,543 which varies based on type of property you are interested in and ranges from £262,598 for detached house to around £107,212 for a flat. Values have been changing and have risen £2,062 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,868 in last 6 months, £21,053 in last 1 year, £37,646 in last 2 years, £35,040 in last 3 years, £40,143 in last 4 years and £41,413 in last 5 years.

Currently average asking price of a property in King Street, Oldmeldrum, Inverurie, AB51 is around £389,700 based on approximately 6 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £1,277 per month.

Estimated property value in King Street, Oldmeldrum, Inverurie, AB51 is £255,543. Average asking price is £389,700 while average price paid is £291,587 which is up by £21,053 and Avg. asking rent £1,277.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 King Street, Oldmeldrum, Inverurie, AB51 area. In last 1 year alone average price buyer paid is around £291,587 based on approximately 6 sales in King Street, Oldmeldrum, Inverurie, AB51 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £252,229. 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 £243,668 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £227,026 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 £230,000, £439,698 for a 3 bedroom house, £375,989 for a 4 bedroom house and £479,000 for a 5 bedroom house. To sum up the asking prices for properties in King Street, Oldmeldrum, Inverurie, AB51 it comes to around average £230,000 for 2 bedroom property, £439,698 for 3 bedroom, £375,989 for 4 bedroom and £479,000 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 £802 for 1 bedroom to £1,200 for 3 bedroom, £1,925 for 4 bedroom and £1,651 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £975. You should be generally be expecting around average £802 rent per month for single bedroom property, £975 for 2 bedroom, £1,200 for 3 bedroom, £1,925 for 4 bedroom and approximately £1,651 for a 5 bedroom property in King Street, Oldmeldrum, Inverurie, AB51 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 King Street, Oldmeldrum, Inverurie, AB51