Loraine Road, Dundee, DD4

Street Guide For Loraine Road, Dundee, DD4

 

Loraine Road, Dundee, DD4 Map

Estimated Price: £212,362
Average Asking Price: £158,632
Price change in last one year: £18,338
Average Price Paid: £168,791
Average Rent Rates: £509

 

Property Prices Breakdown in Loraine Road, Dundee, DD4

Average Price for property in Loraine Road, Dundee, DD4 is around £212,362 which varies based on type of property you are interested in and ranges from £265,307 for detached house to around £221,598 for semi-detached. Similarly terraced house is around £216,673. Values have been changing and have risen £333 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £562 in last 6 months, £18,338 in last 1 year, £24,582 in last 2 years, £15,054 in last 3 years, £25,664 in last 4 years and £9,363 in last 5 years.

Currently average asking price of a property in Loraine Road, Dundee, DD4 is around £158,632 based on approximately 0 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £509 per month.

Estimated property value in Loraine Road, Dundee, DD4 is £212,362. Average asking price is £158,632 while average price paid is £151,500 which is up by £15,054 and Avg. asking rent £509.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 Loraine Road, Dundee, DD4 area. In last 3 years alone average price buyer paid is around £151,500 based on approximately 4 sales in Loraine Road, Dundee, DD4 area alone. If you compare it to last 5 years sales of 12 properties where buyers paid around £168,791. 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 £168,791 for 12 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 £91,648, £322,475 for a 3 bedroom house, £255,000 for a 4 bedroom house and £176,500 for a 5 bedroom house. For a flat similarly the prices varies from £44,118 for a single bedroom to £78,162 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £39,995 and £95,000 for a 4 bedroom flat. To sum up the asking prices for properties in Loraine Road, Dundee, DD4 it comes to around average £44,118 for 1 bedroom property, £80,859 for 2 bedroom, £228,315 for 3 bedroom, £201,667 for 4 bedroom and £176,500 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 £599 for 2 bedroom to £650 for 3 bedroom, £862 for 4 bedroom and £1,101 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £363. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £474, £593 for 3 bedroom, £752 for 4 bedroom and around £901 for 5 bedroom flat. You should be generally be expecting around average £363 rent per month for single bedroom property, £484 for 2 bedroom, £598 for 3 bedroom, £789 for 4 bedroom and approximately £1,001 for a 5 bedroom property in Loraine Road, Dundee, DD4 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 Loraine Road, Dundee, DD4