Cupar

Area Guide For Cupar

Cupar is a town and previous illustrious burgh in Fife, Scotland. The town is arranged in the middle of Dundee and Glenrothes. As indicated by a 2006 populace gauge, Cupar had a populace around 8,980, the ninth biggest settlement in Fife. The town is accepted to have become around the site of Cupar Manor, which was the seat of the sheriff and was claimed by the earls of Fife. The range turned into an inside for legal as the district of Fife and as a market town cooking for both dairy cattle and sheep. Towards the last phases of the thirteenth century, the burgh turned into the site of a gathering of the three homes - ministry, honorability and burgesses - composed by Alexander III in 1276 as an antecedent of the Parliament of Scotland. Albeit composed data of a sanction for the current town was lost, confirmation recommended that this existed as one of the numerous properties possessed by the Earls of Fife by 1294.

 
 

Cupar Map

Estimated Price: £197,408
Average Asking Price: £208,007
Price change in last one year: £8,668
Average Price Paid: £162,603
Average Rent Rates: £618

 
 

Property Prices Breakdown in Cupar

Average Price for property in Cupar is around £197,408 which varies based on type of property you are interested in and ranges from £303,236 for detached house to around £172,429 for semi-detached. Similarly terraced house is around £158,184 and a flat is worth £112,554. Values have been changing and have risen £2,089 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,256 in last 6 months, £8,668 in last 1 year, £22,102 in last 2 years, £28,119 in last 3 years, £27,633 in last 4 years and £25,075 in last 5 years.

Currently average asking price of a property in Cupar is around £208,007 based on approximately 391 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £618 per month.

Estimated property value in Cupar is £197,408. Average asking price is £208,007 while average price paid is £158,515 which is up by £8,668 and Avg. asking rent £618.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 Cupar area. In last 1 year alone average price buyer paid is around £158,515 based on approximately 391 sales in Cupar area alone. If you compare it to last 3 years sales of 1,001 properties where buyers paid around £159,116. 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 £162,603 for 1,600 and average amount paid for purchase of approx. 2,304 properties sold in last 7 years comes to about £163,872 per sale.

 
 

Properties For Sale in Cupar

 
 

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 £105,500, £153,695 for a 2 bedroom house, £174,960 for a 3 bedroom house, £263,089 for a 4 bedroom house and £377,973 for a 5 bedroom house. For a flat similarly the prices varies from £70,544 for a single bedroom to £92,248 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £116,772 and £160,000 for a 4 bedroom flat. To sum up the asking prices for properties in Cupar it comes to around average £83,028 for 1 bedroom property, £129,488 for 2 bedroom, £169,009 for 3 bedroom, £261,027 for 4 bedroom and £377,973 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 £494 for 1 bedroom to £650 for 2 bedrooms, £748 for 3 bedrooms, £912 for 4 bedrooms and £1,209 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £412. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £478 and £524 for 3 bedroom. You should be generally be expecting around average £424 rent per month for single bedroom property, £489 for 2 bedroom, £673 for 3 bedroom, £912 for 4 bedroom and approximately £1,209 for a 5 bedroom property in Cupar area.

Popular Houses in Cupar

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.

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