Milltimber

Area Guide For Milltimber

Milltimber is a suburb to the west of Aberdeen, Scotland. It is arranged give or take 8 miles inland of the North Ocean, around 6 miles west of Aberdeen. Alongside the adjacent settlements of Religions and Bieldside, it is home to the absolute most rich occupants of Aberdeen. Offices in Milltimber are to a degree lacking with the closest shop arranged in neighboring Bieldside. In any case it is home to an exceptionally appraised grade school, a Congregation and a group building which is utilized for private capacities and additionally cub scout and young lady aide troops and comparable. The Kippie Lodge Petroleum Club is a games office. It is additionally home to the playing fields of Albyn School (free school, Aberdeen). In 2009, as indicated by zoopla, Milltimber (AB13) was the wealthiest postcode in Scotland with a normal house cost of £422,760.

 
 

Milltimber Map

Estimated Price: £508,695
Average Asking Price: £1,750,000
Price change in last one year: £39,403
Average Price Paid: £396,310
Average Rent Rates: £1,751

 
 

Property Prices Breakdown in Milltimber

Average Price for property in Milltimber is around £508,695 which varies based on type of property you are interested in and ranges from £664,816 for detached house to around £353,200 for semi-detached. Similarly terraced house is around £451,224 and a flat is worth £298,569. Values have been changing and have risen £4,881 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,334 in last 6 months, £39,403 in last 1 year, £75,058 in last 2 years, £68,994 in last 3 years, £86,013 in last 4 years and £82,258 in last 5 years.

Currently average asking price of a property in Milltimber is around £1,750,000 based on approximately 35 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £1,751 per month.

Estimated property value in Milltimber is £508,695. Average asking price is £1,750,000 while average price paid is £459,487 which is up by £39,403 and Avg. asking rent £1,751.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 Milltimber area. In last 1 year alone average price buyer paid is around £459,487 based on approximately 35 sales in Milltimber area alone. If you compare it to last 3 years sales of 118 properties where buyers paid around £393,521. 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 £396,310 for 189 and average amount paid for purchase of approx. 262 properties sold in last 7 years comes to about £397,652 per sale.

 
 

Properties For Sale in Milltimber

 
 

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 £2,002 for 4 bedroom to £1,499 for 5 bedroom. You should be generally be expecting around average £2,002 rent per month for 4 bedroom property and approximately £1,499 for 5 bedroom property in Milltimber area.

Popular Houses in Milltimber

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.

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