Malcolm Road, Banff, AB45

Street Guide For Malcolm Road, Banff, AB45

 

Malcolm Road, Banff, AB45 Map

Estimated Price: £109,519
Average Asking Price: £196,337
Price change in last one year: £8,837
Average Price Paid: £84,568
Average Rent Rates: £1,001

 

Property Prices Breakdown in Malcolm Road, Banff, AB45

Average Price for property in Malcolm Road, Banff, AB45 is around £109,519 which varies based on type of property you are interested in and ranges from £111,453 for detached house to around £131,241 for semi-detached. Similarly terraced house is around £123,673. Values have been changing and have risen £948 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,708 in last 6 months, £8,837 in last 1 year, £16,386 in last 2 years, £15,391 in last 3 years, £18,670 in last 4 years and £18,140 in last 5 years.

Currently average asking price of a property in Malcolm Road, Banff, AB45 is around £196,337 based on approximately 0 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £1,001 per month.

Estimated property value in Malcolm Road, Banff, AB45 is £109,519. Average asking price is £196,337 while average price paid is £83,340 which is up by £15,391 and Avg. asking rent £1,001.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 Malcolm Road, Banff, AB45 area. In last 3 years alone average price buyer paid is around £83,340 based on approximately 6 sales in Malcolm Road, Banff, AB45 area alone. If you compare it to last 5 years sales of 8 properties where buyers paid around £84,568. 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 £91,322 for 11 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 1 bedroom is around £106,000, £128,749 for a 2 bedroom house, £202,800 for a 3 bedroom house, £243,500 for a 4 bedroom house and £214,499 for a 5 bedroom house. For a flat similarly the prices varies from £45,000 for a single bedroom to £59,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Malcolm Road, Banff, AB45 it comes to around average £75,500 for 1 bedroom property, £114,799 for 2 bedroom, £202,800 for 3 bedroom, £243,500 for 4 bedroom and £214,499 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 is £1,001 for 4 bedroom. You should be generally be expecting around average £1,001 rent per month for 4 bedroom property in Malcolm Road, Banff, AB45 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 Malcolm Road, Banff, AB45