Martins Lane, Brechin, DD9

Street Guide For Martins Lane, Brechin, DD9

 

Martins Lane, Brechin, DD9 Map

Estimated Price: £91,557
Average Asking Price: £258,348
Price change in last one year: £8,429
Average Price Paid: £93,500
Average Rent Rates: £531

 

Property Prices Breakdown in Martins Lane, Brechin, DD9

Average Price for property in Martins Lane, Brechin, DD9 is around £91,557 e.g. average price for a flat is around 83,059. Values have been changing and have risen £154 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £260 in last 6 months, £8,429 in last 1 year, £11,299 in last 2 years, £6,924 in last 3 years, £11,803 in last 4 years and £4,316 in last 5 years.

Currently average asking price of a property in Martins Lane, Brechin, DD9 is around £258,348 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £531 per month.

Estimated property value in Martins Lane, Brechin, DD9 is £91,557. Average asking price is £258,348 while average price paid is £65,500 which is up by £8,429 and Avg. asking rent £531.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 Martins Lane, Brechin, DD9 area. In last 1 year alone average price buyer paid is around £65,500 based on approximately 1 sales in Martins Lane, Brechin, DD9 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £65,500. 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 £93,500 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £93,375 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 £122,500, £147,900 for a 3 bedroom house, £255,825 for a 4 bedroom house and £476,000 for a 5 bedroom house. For a flat similarly the prices varies from £45,375 for a single bedroom to £77,368 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £100,000. To sum up the asking prices for properties in Martins Lane, Brechin, DD9 it comes to around average £45,375 for 1 bedroom property, £86,394 for 2 bedroom, £134,214 for 3 bedroom, £255,825 for 4 bedroom and £476,000 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 £949 for 3 bedroom to £1,248 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £367. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £415 and £462 for 3 bedroom. You should be generally be expecting around average £367 rent per month for single bedroom property, £416 for 2 bedroom, £705 for 3 bedroom and approximately £1,248 for 4 bedroom property in Martins Lane, Brechin, DD9 area.

Popular Houses in Martins Lane, Brechin, DD9

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 Martins Lane, Brechin, DD9