Macduff

Area Guide For Macduff

Macduff (Gaelic A Dã¹n) is a town in the Banff and Buchan range of Aberdeenshire, Scotland. Macduff is arranged on Banff Narrows and countenances the town of Banff over the estuary of the Stream Deveron. Macduff is a previous burgh and is presently the main place in the United Kingdom where profound water wooden angling pontoons are still assembled. The settlement of Doune (from Scottish Gaelic dã¹n, "slope post") on the east bank of the waterway was acquired in 1733 by William Duff, who turned into the first Earl Fife. In 1760, James Duff, the second Earl manufactured a harbor there and in 1783 succeeded in elevating Macduff to a Burgh of Barony. The second Earl Fife named his component, William Rose, as the first Executive of Macduff in 1783. The town praised its bicentenary in 1983, and the signs raised in that year still remain on the principle ways to the town (most noticeably, an extensive sign alongside the Banff Connect on the Macduff side). Banff and Macduff are differentiated by the valley of the Waterway Deveron. This flighty waterway was at last tamed by the seven curved extension finished in 1799 by John Smeaton. A prior scaffold had been inherent 1765, yet was cleared away in 1768.

 
 

Macduff Map

Estimated Price: £154,856
Average Asking Price: £156,180
Price change in last one year: £11,763
Average Price Paid: £117,981
Average Rent Rates: --

 
 

Property Prices Breakdown in Macduff

Average Price for property in Macduff is around £154,856 which varies based on type of property you are interested in and ranges from £216,035 for detached house to around £149,513 for semi-detached. Similarly terraced house is around £115,882 and a flat is worth £91,930. Values have been changing and have risen £1,458 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,086 in last 6 months, £11,763 in last 1 year, £22,404 in last 2 years, £20,599 in last 3 years, £25,680 in last 4 years and £24,562 in last 5 years.

Currently average asking price of a property in Macduff is around £156,180 based on approximately 56 properties for sale.

Estimated property value in Macduff is £154,856. Average asking price is £156,180 while average price paid is £117,198 which is up by £11,763.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 Macduff area. In last 1 year alone average price buyer paid is around £117,198 based on approximately 56 sales in Macduff area alone. If you compare it to last 3 years sales of 163 properties where buyers paid around £116,861. 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 £117,981 for 245 and average amount paid for purchase of approx. 370 properties sold in last 7 years comes to about £118,696 per sale.

 
 

Properties For Sale in Macduff

 
 

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 £114,750, £101,665 for a 3 bedroom house and £249,950 for a 5 bedroom house. To sum up the asking prices for properties in Macduff it comes to around average £114,750 for 2 bedroom property, £101,665 for 3 bedroom and £249,950 for 5 bedroom.

Popular Houses in Macduff

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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