Average Price for property in Newmill Road, Elgin, IV30 is around £97,595 which varies based on type of property you are interested in and ranges from £107,709 for terraced house to around £91,104 for a flat. Values have been changing and have risen £504 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,837 in last 6 months, £1,018 in last 1 year, £4,963 in last 2 years, £3,138 in last 3 years, £3,045 in last 4 years and £3,455 in last 5 years.
Currently average asking price of a property in Newmill Road, Elgin, IV30 is around £186,135 based on approximately 1 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £554 per month.
Estimated property value in Newmill Road, Elgin, IV30 is £97,595. Average asking price is £186,135 while average price paid is £84,000 which is up by £1,018 and Avg. asking rent £554.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 Newmill Road, Elgin, IV30 area. In last 1 year alone average price buyer paid is around £84,000 based on approximately 1 sales in Newmill Road, Elgin, IV30 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £71,700. 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 £74,583 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £83,250 per sale.