Lochinch Way, Cove, Aberdeen, AB12

Street Guide For Lochinch Way, Cove, Aberdeen, AB12

 

Lochinch Way, Cove, Aberdeen, AB12 Map

Estimated Price: £419,107
Average Asking Price: £485,312
Price change in last one year: £33,801
Average Price Paid: £355,096
Average Rent Rates: £1,400

 

Property Prices Breakdown in Lochinch Way, Cove, Aberdeen, AB12

Average Price for property in Lochinch Way, Cove, Aberdeen, AB12 is around £419,107 e.g. average price for detached house is around 430,252. Values have been changing and have risen £3,623 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,525 in last 6 months, £33,801 in last 1 year, £62,666 in last 2 years, £58,835 in last 3 years, £71,372 in last 4 years and £69,330 in last 5 years.

Currently average asking price of a property in Lochinch Way, Cove, Aberdeen, AB12 is around £485,312 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,400 per month.

Estimated property value in Lochinch Way, Cove, Aberdeen, AB12 is £419,107. Average asking price is £485,312 while average price paid is £362,644 which is up by £33,801 and Avg. asking rent £1,400.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 Lochinch Way, Cove, Aberdeen, AB12 area. In last 1 year alone average price buyer paid is around £362,644 based on approximately 2 sales in Lochinch Way, Cove, Aberdeen, AB12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £362,644. 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 £355,096 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £325,048 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 3 bedroom is around £304,995, £565,499 for a 4 bedroom house and £717,975 for a 5 bedroom house. To sum up the asking prices for properties in Lochinch Way, Cove, Aberdeen, AB12 it comes to around average £304,995 for 3 bedroom property, £565,499 for 4 bedroom and £717,975 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 £1,275 for 3 bedroom to £1,950 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £802. You should be generally be expecting around average £802 rent per month for 2 bedroom property, £1,275 for 3 bedroom and approximately £1,950 for 4 bedroom property in Lochinch Way, Cove, Aberdeen, AB12 area.

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 Lochinch Way, Cove, Aberdeen, AB12