Average Price for property in Lumphanan, Banchory, AB31 is around £400,844 which varies based on type of property you are interested in and ranges from £419,623 for detached house to around £331,500 for semi-detached. Similarly terraced house is around £304,072 and a flat is worth £320,695. Values have been changing and have risen £3,466 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,242 in last 6 months, £32,330 in last 1 year, £59,938 in last 2 years, £56,273 in last 3 years, £68,263 in last 4 years and £66,309 in last 5 years.
Currently average asking price of a property in Lumphanan, Banchory, AB31 is around £506,874 based on approximately 3 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,504 per month.
Estimated property value in Lumphanan, Banchory, AB31 is £400,844. Average asking price is £506,874 while average price paid is £411,892 which is up by £32,330 and Avg. asking rent £1,504.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 Lumphanan, Banchory, AB31 area. In last 1 year alone average price buyer paid is around £411,892 based on approximately 3 sales in Lumphanan, Banchory, AB31 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £326,282. 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 £326,468 for 21 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £332,438 per sale.