Lea Rig Road, Peterhead, AB42

Street Guide For Lea Rig Road, Peterhead, AB42

 

Lea Rig Road, Peterhead, AB42 Map

Estimated Price: £293,288
Average Asking Price: £474,313
Price change in last one year: £24,221
Average Price Paid: £232,600
Average Rent Rates: £704

 

Property Prices Breakdown in Lea Rig Road, Peterhead, AB42

Average Price for property in Lea Rig Road, Peterhead, AB42 is around £293,288 which varies based on type of property you are interested in and ranges from £316,928 for detached house to around £217,083 for semi-detached. Values have been changing and have risen £2,596 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,676 in last 6 months, £24,221 in last 1 year, £44,906 in last 2 years, £42,162 in last 3 years, £51,146 in last 4 years and £49,683 in last 5 years.

Currently average asking price of a property in Lea Rig Road, Peterhead, AB42 is around £474,313 based on approximately 3 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £704 per month.

Estimated property value in Lea Rig Road, Peterhead, AB42 is £293,288. Average asking price is £474,313 while average price paid is £236,666 which is up by £24,221 and Avg. asking rent £704.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 Lea Rig Road, Peterhead, AB42 area. In last 1 year alone average price buyer paid is around £236,666 based on approximately 3 sales in Lea Rig Road, Peterhead, AB42 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £220,166. 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 £232,600 for 10 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £232,600 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 £141,500, £158,000 for a 3 bedroom house and £390,000 for a 5 bedroom house. For a flat similarly the prices varies from £70,000 for a 3 bedroom to £89,000 for a 4 bedroom Flat. To sum up the asking prices for properties in Lea Rig Road, Peterhead, AB42 it comes to around average £141,500 for 2 bedroom property, £128,667 for 3 bedroom, £89,000 for 4 bedroom and £390,000 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 £624 for 2 bedroom to £722 for 3 bedroom and £750 for 4 bedroom. You should be generally be expecting around average £624 rent per month for 2 bedroom property, £722 for 3 bedroom and approximately £750 for 4 bedroom property in Lea Rig Road, Peterhead, AB42 area.

Popular Houses in Lea Rig Road, Peterhead, AB42

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 Lea Rig Road, Peterhead, AB42