Morlich Gardens, Broughty Ferry, Dundee, DD5

Street Guide For Morlich Gardens, Broughty Ferry, Dundee, DD5

 
 

Morlich Gardens, Broughty Ferry, Dundee, DD5 Map

Estimated Price: £222,873
Average Asking Price: £237,025
Price change in last one year: £19,246
Average Price Paid: £156,830
Average Rent Rates: £819

Reid Estate Ltd
Inveralmond Business Centre, 6 Auld Bond Road, Pe

Free House valuation

 

Property Prices Breakdown in Morlich Gardens, Broughty Ferry, Dundee, DD5

Average Price for property in Morlich Gardens, Broughty Ferry, Dundee, DD5 is around £222,873 e.g. average price for semi-detached is around 235,541. Values have been changing and have risen £350 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £591 in last 6 months, £19,246 in last 1 year, £25,798 in last 2 years, £15,797 in last 3 years, £26,932 in last 4 years and £9,824 in last 5 years.

Currently average asking price of a property in Morlich Gardens, Broughty Ferry, Dundee, DD5 is around £237,025 based on approximately 2 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £819 per month.

Estimated property value in Morlich Gardens, Broughty Ferry, Dundee, DD5 is £222,873. Average asking price is £237,025 while average price paid is £140,245 which is up by £19,246 and Avg. asking rent £819.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 Morlich Gardens, Broughty Ferry, Dundee, DD5 area. In last 1 year alone average price buyer paid is around £140,245 based on approximately 2 sales in Morlich Gardens, Broughty Ferry, Dundee, DD5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £156,830. 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 £156,830 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £156,830 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 £149,995, £153,738 for a 3 bedroom house, £310,825 for a 4 bedroom house and £275,000 for a 5 bedroom house. For a flat the prices of single bedroom is £57,500. To sum up the asking prices for properties in Morlich Gardens, Broughty Ferry, Dundee, DD5 it comes to around average £57,500 for 1 bedroom property, £149,995 for 2 bedroom, £153,738 for 3 bedroom, £310,825 for 4 bedroom and £275,000 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 £587 for 2 bedroom to £650 for 3 bedroom, £1,215 for 4 bedroom and £1,699 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £467. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £627 and £901 for 3 bedroom. You should be generally be expecting around average £467 rent per month for single bedroom property, £618 for 2 bedroom, £776 for 3 bedroom, £1,215 for 4 bedroom and approximately £1,698 for a 5 bedroom property in Morlich Gardens, Broughty Ferry, Dundee, DD5 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 Morlich Gardens, Broughty Ferry, Dundee, DD5