Newmachar, Aberdeen, AB21

Street Guide For Newmachar, Aberdeen, AB21

 

Newmachar, Aberdeen, AB21 Map

Estimated Price: £457,769
Average Asking Price: £259,862
Price change in last one year: £36,919
Average Price Paid: £319,192
Average Rent Rates: £1,212

 

Property Prices Breakdown in Newmachar, Aberdeen, AB21

Average Price for property in Newmachar, Aberdeen, AB21 is around £457,769 which varies based on type of property you are interested in and ranges from £452,005 for detached house to around £364,903 for semi-detached. Similarly terraced house is around £394,702 and a flat is worth £370,966. Values have been changing and have risen £3,958 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,127 in last 6 months, £36,919 in last 1 year, £68,446 in last 2 years, £64,260 in last 3 years, £77,952 in last 4 years and £75,720 in last 5 years.

Currently average asking price of a property in Newmachar, Aberdeen, AB21 is around £259,862 based on approximately 8 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £1,212 per month.

Estimated property value in Newmachar, Aberdeen, AB21 is £457,769. Average asking price is £259,862 while average price paid is £330,884 which is up by £36,919 and Avg. asking rent £1,212.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 Newmachar, Aberdeen, AB21 area. In last 1 year alone average price buyer paid is around £330,884 based on approximately 8 sales in Newmachar, Aberdeen, AB21 area alone. If you compare it to last 3 years sales of 26 properties where buyers paid around £304,675. 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 £319,192 for 44 and average amount paid for purchase of approx. 60 properties sold in last 7 years comes to about £297,582 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 3 bedroom is around £249,950, £361,333 for a 4 bedroom house and £384,000 for a 5 bedroom house. For a flat the prices of 2 bedroom is £247,995. To sum up the asking prices for properties in Newmachar, Aberdeen, AB21 it comes to around average £247,995 for 2 bedroom property, £249,950 for 3 bedroom, £361,333 for 4 bedroom and £384,000 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 £836 for 1 bedroom to £997 for 2 bedroom, £1,384 for 3 bedroom and £1,699 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £748. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £899 and £1,651 for 3 bedroom. You should be generally be expecting around average £777 rent per month for single bedroom property, £932 for 2 bedroom, £1,422 for 3 bedroom and approximately £1,698 for 4 bedroom property in Newmachar, Aberdeen, AB21 area.

Popular Houses in Newmachar, Aberdeen, AB21

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 Newmachar, Aberdeen, AB21