Knockothie Road, Ellon, AB41

Street Guide For Knockothie Road, Ellon, AB41

 

Knockothie Road, Ellon, AB41 Map

Estimated Price: £298,343
Average Asking Price: £341,720
Price change in last one year: £24,063
Average Price Paid: £259,750
Average Rent Rates: £1,080

 

Property Prices Breakdown in Knockothie Road, Ellon, AB41

Average Price for property in Knockothie Road, Ellon, AB41 is around £298,343 e.g. average price for detached house is around 312,178. Values have been changing and have risen £2,580 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,646 in last 6 months, £24,063 in last 1 year, £44,612 in last 2 years, £41,885 in last 3 years, £50,810 in last 4 years and £49,357 in last 5 years.

Currently average asking price of a property in Knockothie Road, Ellon, AB41 is around £341,720 based on approximately 2 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £1,080 per month.

Estimated property value in Knockothie Road, Ellon, AB41 is £298,343. Average asking price is £341,720 while average price paid is £275,000 which is up by £24,063 and Avg. asking rent £1,080.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 Knockothie Road, Ellon, AB41 area. In last 1 year alone average price buyer paid is around £275,000 based on approximately 2 sales in Knockothie Road, Ellon, AB41 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £270,000. 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 £259,750 for 4 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £245,183 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 £600,000, £292,996 for a 3 bedroom house and £402,498 for a 4 bedroom house. To sum up the asking prices for properties in Knockothie Road, Ellon, AB41 it comes to around average £600,000 for 2 bedroom property, £292,996 for 3 bedroom and £402,498 for 4 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 is £1,300 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £750. You should be generally be expecting around average £750 rent per month for 2 bedroom property and approximately £1,300 for 4 bedroom property in Knockothie Road, Ellon, AB41 area.

Popular Houses in Knockothie Road, Ellon, AB41

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 Knockothie Road, Ellon, AB41