Montrose Road, Forfar, DD8

Street Guide For Montrose Road, Forfar, DD8

 

Montrose Road, Forfar, DD8 Map

Estimated Price: £104,099
Average Asking Price: £239,625
Price change in last one year: £9,145
Average Price Paid: £145,083
Average Rent Rates: £476

 

Property Prices Breakdown in Montrose Road, Forfar, DD8

Average Price for property in Montrose Road, Forfar, DD8 is around £104,099 which varies based on type of property you are interested in and ranges from £178,860 for detached house to around £79,017 for a flat. Values have been changing and have risen £108 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £103 in last 6 months, £9,145 in last 1 year, £12,504 in last 2 years, £7,713 in last 3 years, £12,189 in last 4 years and £5,394 in last 5 years.

Currently average asking price of a property in Montrose Road, Forfar, DD8 is around £239,625 based on approximately 2 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £476 per month.

Estimated property value in Montrose Road, Forfar, DD8 is £104,099. Average asking price is £239,625 while average price paid is £236,250 which is up by £9,145 and Avg. asking rent £476.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 Montrose Road, Forfar, DD8 area. In last 1 year alone average price buyer paid is around £236,250 based on approximately 2 sales in Montrose Road, Forfar, DD8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £186,875. 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 £145,083 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £114,564 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 £165,000, £130,429 for a 2 bedroom house, £195,699 for a 3 bedroom house, £292,611 for a 4 bedroom house and £343,285 for a 5 bedroom house. For a flat similarly the prices varies from £63,167 for a single bedroom to £68,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £82,475 and £65,000 for a 4 bedroom flat. To sum up the asking prices for properties in Montrose Road, Forfar, DD8 it comes to around average £88,625 for 1 bedroom property, £122,625 for 2 bedroom, £176,829 for 3 bedroom, £262,263 for 4 bedroom and £343,285 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 £507 for 2 bedroom to £599 for 3 bedroom and £735 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £344. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £416 and £537 for 3 bedroom. You should be generally be expecting around average £344 rent per month for single bedroom property, £446 for 2 bedroom, £580 for 3 bedroom and approximately £735 for 4 bedroom property in Montrose Road, Forfar, DD8 area.

Popular Houses in Montrose Road, Forfar, DD8

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 Montrose Road, Forfar, DD8