Marchmount Road, Dumfries, DG1

Street Guide For Marchmount Road, Dumfries, DG1

 

Marchmount Road, Dumfries, DG1 Map

Estimated Price: £129,066
Average Asking Price: £170,340
Price change in last one year: £5,718
Average Price Paid: £113,200
Average Rent Rates: £640

 

Property Prices Breakdown in Marchmount Road, Dumfries, DG1

Average Price for property in Marchmount Road, Dumfries, DG1 is around £129,066 e.g. average price for semi-detached is around 125,493. Values have been changing and have risen £1,281 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,666 in last 6 months, £5,718 in last 1 year, £9,819 in last 2 years, £2,477 in last 3 years, £8,625 in last 4 years and £4,726 in last 5 years.

Currently average asking price of a property in Marchmount Road, Dumfries, DG1 is around £170,340 based on approximately 1 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £640 per month.

Estimated property value in Marchmount Road, Dumfries, DG1 is £129,066. Average asking price is £170,340 while average price paid is £110,000 which is up by £5,718 and Avg. asking rent £640.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 Marchmount Road, Dumfries, DG1 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 1 sales in Marchmount Road, Dumfries, DG1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £108,666. 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 £113,200 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £120,428 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 £78,165, £115,357 for a 2 bedroom house, £150,496 for a 3 bedroom house, £244,389 for a 4 bedroom house and £324,999 for a 5 bedroom house. For a flat similarly the prices varies from £71,330 for a single bedroom to £76,997 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £117,921. To sum up the asking prices for properties in Marchmount Road, Dumfries, DG1 it comes to around average £73,039 for 1 bedroom property, £99,636 for 2 bedroom, £147,990 for 3 bedroom, £244,389 for 4 bedroom and £324,999 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 £195 for 1 bedroom to £495 for 2 bedroom and £485 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £408. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £442. You should be generally be expecting around average £366 rent per month for single bedroom property, £484 for 2 bedroom and approximately £485 for 3 bedroom property in Marchmount Road, Dumfries, DG1 area.

Popular Houses in Marchmount Road, Dumfries, DG1

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 Marchmount Road, Dumfries, DG1