Millbank Lane, Aberdeen, AB25

Street Guide For Millbank Lane, Aberdeen, AB25

 

Millbank Lane, Aberdeen, AB25 Map

Estimated Price: £209,610
Average Asking Price: £133,200
Price change in last one year: £20,916
Average Price Paid: £166,516
Average Rent Rates: £866

 

Property Prices Breakdown in Millbank Lane, Aberdeen, AB25

Average Price for property in Millbank Lane, Aberdeen, AB25 is around £209,610 e.g. average price for a flat is around 219,813. Values have been changing and have risen £2,199 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,661 in last 6 months, £20,916 in last 1 year, £32,963 in last 2 years, £30,638 in last 3 years, £36,616 in last 4 years and £37,241 in last 5 years.

Currently average asking price of a property in Millbank Lane, Aberdeen, AB25 is around £133,200 based on approximately 2 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £866 per month.

Estimated property value in Millbank Lane, Aberdeen, AB25 is £209,610. Average asking price is £133,200 while average price paid is £189,050 which is up by £20,916 and Avg. asking rent £866.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 Millbank Lane, Aberdeen, AB25 area. In last 1 year alone average price buyer paid is around £189,050 based on approximately 2 sales in Millbank Lane, Aberdeen, AB25 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £173,025. 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 £166,516 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £164,585 per sale.

 
 

For a flat similarly the prices varies from £109,000 for a single bedroom to £180,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Millbank Lane, Aberdeen, AB25 it comes to around average £109,000 for 1 bedroom property and £180,000 for 2 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 can vary from £901 for 1 bedroom to £1,200 for 2 bedroom and £1,300 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,001 and £1,649 for 3 bedroom. You should be generally be expecting around average £676 rent per month for single bedroom property, £1,021 for 2 bedroom and approximately £1,533 for 3 bedroom property in Millbank Lane, Aberdeen, AB25 area.

Popular Houses in Millbank Lane, Aberdeen, AB25

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 Millbank Lane, Aberdeen, AB25