Market Brae, Ellon, AB41

Street Guide For Market Brae, Ellon, AB41

 

Market Brae, Ellon, AB41 Map

Estimated Price: £317,731
Average Asking Price: £341,720
Price change in last one year: £25,627
Average Price Paid: £258,125
Average Rent Rates: £1,080

 

Property Prices Breakdown in Market Brae, Ellon, AB41

Average Price for property in Market Brae, Ellon, AB41 is around £317,731 e.g. average price for detached house is around 317,299. Values have been changing and have risen £2,747 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,947 in last 6 months, £25,627 in last 1 year, £47,512 in last 2 years, £44,608 in last 3 years, £54,113 in last 4 years and £52,568 in last 5 years.

Currently average asking price of a property in Market Brae, Ellon, AB41 is around £341,720 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £1,080 per month.

Estimated property value in Market Brae, Ellon, AB41 is £317,731. Average asking price is £341,720 while average price paid is £275,000 which is up by £25,627 and Avg. asking rent £1,080.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 Market Brae, Ellon, AB41 area. In last 1 year alone average price buyer paid is around £275,000 based on approximately 1 sales in Market Brae, Ellon, AB41 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £269,166. 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 £258,125 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £252,500 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 £600,000, £292,996 for a 3 bedroom house and £402,498 for a 4 bedroom house. To sum up the asking prices for properties in Market Brae, Ellon, AB41 it comes to around average £600,000 for 2 bedroom property, £292,996 for 3 bedroom and £402,498 for 4 bedroom.

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 £1,300 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £750. You should be generally be expecting around average £750 rent per month for 2 bedroom property and approximately £1,300 for 4 bedroom property in Market Brae, Ellon, AB41 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 Market Brae, Ellon, AB41