Nelson Terrace, Dundee, DD1

Street Guide For Nelson Terrace, Dundee, DD1

 

Nelson Terrace, Dundee, DD1 Map

Estimated Price: £158,719
Average Asking Price: £77,070
Price change in last one year: £10,945
Average Price Paid: £137,960
Average Rent Rates: £800

 

Property Prices Breakdown in Nelson Terrace, Dundee, DD1

Average Price for property in Nelson Terrace, Dundee, DD1 is around £158,719 Values have been changing and have risen £93 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £141 in last 6 months, £10,945 in last 1 year, £17,393 in last 2 years, £13,907 in last 3 years, £19,189 in last 4 years and £6,965 in last 5 years.

Currently average asking price of a property in Nelson Terrace, Dundee, DD1 is around £77,070 based on approximately 0 properties for sale. Same is the case with rental options based on 141 properties up for rent, average asking rent is around £800 per month.

Estimated property value in Nelson Terrace, Dundee, DD1 is £158,719. Average asking price is £77,070 while average price paid is £137,960 which is up by £13,907 and Avg. asking rent £800.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 Nelson Terrace, Dundee, DD1 area. In last 3 years alone average price buyer paid is around £137,960 based on approximately 1 sales in Nelson Terrace, Dundee, DD1 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £137,960. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £137,960 for 1 per sale.

 
 

For a flat similarly the prices varies from £52,500 for a single bedroom to £101,633 for a 2 bedroom Flat. Same is the case with 5 bedroom flat £170,000. To sum up the asking prices for properties in Nelson Terrace, Dundee, DD1 it comes to around average £52,500 for 1 bedroom property, £101,633 for 2 bedroom and £170,000 for 5 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 £337 for 1 bedroom to £481 for 2 bedroom, £520 for 3 bedroom and £1,206 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £402. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £597, £809 for 3 bedroom, £1,061 for 4 bedroom and around £1,401 for 5 bedroom flat. You should be generally be expecting around average £393 rent per month for single bedroom property, £594 for 2 bedroom, £796 for 3 bedroom, £1,091 for 4 bedroom and approximately £1,401 for a 5 bedroom property in Nelson Terrace, Dundee, DD1 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 Nelson Terrace, Dundee, DD1