Values have been changing and have risen £918 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,625 in last 6 months, £4,092 in last 1 year, £7,028 in last 2 years, £1,776 in last 3 years, £6,177 in last 4 years and £3,390 in last 5 years.
Currently average asking price of a property in Laurel Bank Terrace, Castle Douglas, DG7 is around £253,512 based on approximately 3 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £489 per month.
Estimated property value in Laurel Bank Terrace, Castle Douglas, DG7 is £92,341. Average asking price is £253,512 while average price paid is £71,780 which is up by £4,092 and Avg. asking rent £489.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 Terrace, Castle Douglas, DG7 area. In last 1 year alone average price buyer paid is around £71,780 based on approximately 3 sales in Laurel Bank Terrace, Castle Douglas, DG7 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £74,156. 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 £78,705 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £83,771 per sale.