Laurel Bank, Dundee, DD3

Street Guide For Laurel Bank, Dundee, DD3

 
 

Laurel Bank, Dundee, DD3 Map

Estimated Price: £189,878
Average Asking Price: £183,938
Price change in last one year: £16,396
Average Price Paid: £161,194
Average Rent Rates: £564

Reid Estate Ltd
Inveralmond Business Centre, 6 Auld Bond Road, Pe

Free House valuation

 

Property Prices Breakdown in Laurel Bank, Dundee, DD3

Average Price for property in Laurel Bank, Dundee, DD3 is around £189,878 which varies based on type of property you are interested in and ranges from £222,322 for semi-detached to around £182,628 for a flat. Values have been changing and have risen £298 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £503 in last 6 months, £16,396 in last 1 year, £21,980 in last 2 years, £13,461 in last 3 years, £22,947 in last 4 years and £8,374 in last 5 years.

Currently average asking price of a property in Laurel Bank, Dundee, DD3 is around £183,938 based on approximately 0 properties for sale. Same is the case with rental options based on 145 properties up for rent, average asking rent is around £564 per month.

Estimated property value in Laurel Bank, Dundee, DD3 is £189,878. Average asking price is £183,938 while average price paid is £172,500 which is up by £13,461 and Avg. asking rent £564.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 Laurel Bank, Dundee, DD3 area. In last 3 years alone average price buyer paid is around £172,500 based on approximately 1 sales in Laurel Bank, Dundee, DD3 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £161,194. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £161,194 for 4 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 £78,975, £123,500 for a 2 bedroom house, £145,498 for a 3 bedroom house, £297,248 for a 4 bedroom house and £665,000 for a 5 bedroom house. For a flat similarly the prices varies from £61,390 for a single bedroom to £82,328 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £87,500. To sum up the asking prices for properties in Laurel Bank, Dundee, DD3 it comes to around average £66,414 for 1 bedroom property, £89,814 for 2 bedroom, £126,165 for 3 bedroom, £297,248 for 4 bedroom and £665,000 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 £2,700 for 1 bedroom to £598 for 2 bedrooms, £761 for 3 bedrooms, £793 for 4 bedrooms and £750 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £340. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £469, £632 for 3 bedroom and £349 for 4 bedroom. You should be generally be expecting around average £434 rent per month for single bedroom property, £471 for 2 bedroom, £648 for 3 bedroom, £571 for 4 bedroom and approximately £750 for a 5 bedroom property in Laurel Bank, Dundee, DD3 area.

Popular Houses in Laurel Bank, Dundee, DD3

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 Laurel Bank, Dundee, DD3