Kinross

Area Guide For Kinross

Kinross is a burgh in Perth and Kinross, Scotland. It was initially the district town of Kinross-shire. The site of the first ward church and churchyard are spotted down a little wynd disregarding Loch Leven, somewhat far from the town. 

There are around 4000-5000 individuals living in Kinross. The larger part of youngsters living in Kinross will go to Kinross High School, with the others likewise conceivably going to nearby non-public schools, for example, Dollar Academy. Kinross offers numerous open doors for getting out and being dynamic, with incalculable choices for strolling and cycling in the neighborhood. An as of late created way called the Loch Leven Trails has been produced which offers 12.5 km of walking and cycling legacy trail around the shoreline of Loch Leven.

 
 

Kinross Map

Estimated Price: £247,069
Average Asking Price: £323,093
Price change in last one year: £10,971
Average Price Paid: £199,964
Average Rent Rates: £612

 
 

Property Prices Breakdown in Kinross

Average Price for property in Kinross is around £247,069 which varies based on type of property you are interested in and ranges from £344,366 for detached house to around £180,770 for semi-detached. Similarly terraced house is around £152,980 and a flat is worth £108,247. Values have been changing and have risen £2,644 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,651 in last 6 months, £10,971 in last 1 year, £27,976 in last 2 years, £35,591 in last 3 years, £34,973 in last 4 years and £31,732 in last 5 years.

Currently average asking price of a property in Kinross is around £323,093 based on approximately 176 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £612 per month.

Estimated property value in Kinross is £247,069. Average asking price is £323,093 while average price paid is £212,080 which is up by £10,971 and Avg. asking rent £612.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 Kinross area. In last 1 year alone average price buyer paid is around £212,080 based on approximately 176 sales in Kinross area alone. If you compare it to last 3 years sales of 463 properties where buyers paid around £195,894. 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 £199,964 for 707 and average amount paid for purchase of approx. 986 properties sold in last 7 years comes to about £199,088 per sale.

 
 

Properties For Sale in Kinross

 
 

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 £120,000, £120,677 for a 2 bedroom house, £204,118 for a 3 bedroom house, £336,620 for a 4 bedroom house and £454,557 for a 5 bedroom house. For a flat similarly the prices varies from £99,583 for a single bedroom to £108,825 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £120,000. To sum up the asking prices for properties in Kinross it comes to around average £102,500 for 1 bedroom property, £116,494 for 2 bedroom, £200,882 for 3 bedroom, £336,620 for 4 bedroom and £454,557 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 £585 for 2 bedroom to £750 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £494. You should be generally be expecting around average £555 rent per month for 2 bedroom property and approximately £750 for 3 bedroom property in Kinross area.

Popular Houses in Kinross

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.

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