Park Place, Kirkcaldy, KY1

Street Guide For Park Place, Kirkcaldy, KY1

 

Park Place, Kirkcaldy, KY1 Map

Estimated Price: £231,229
Average Asking Price: £136,397
Price change in last one year: £9,796
Average Price Paid: £206,008
Average Rent Rates: £483

 

Property Prices Breakdown in Park Place, Kirkcaldy, KY1

Average Price for property in Park Place, Kirkcaldy, KY1 is around £231,229 e.g. average price for semi-detached is around 271,261. Values have been changing and have risen £2,396 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,540 in last 6 months, £9,796 in last 1 year, £21,592 in last 2 years, £28,599 in last 3 years, £27,009 in last 4 years and £27,416 in last 5 years.

Currently average asking price of a property in Park Place, Kirkcaldy, KY1 is around £136,397 based on approximately 1 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £483 per month.

Estimated property value in Park Place, Kirkcaldy, KY1 is £231,229. Average asking price is £136,397 while average price paid is £202,017 which is up by £9,796 and Avg. asking rent £483.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 Park Place, Kirkcaldy, KY1 area. In last 1 year alone average price buyer paid is around £202,017 based on approximately 1 sales in Park Place, Kirkcaldy, KY1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £202,017. 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 £206,008 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £206,008 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 1 bedroom is around £63,332, £102,089 for a 2 bedroom house, £149,507 for a 3 bedroom house, £217,868 for a 4 bedroom house and £329,856 for a 5 bedroom house. For a flat similarly the prices varies from £57,984 for a single bedroom to £78,833 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £101,308. To sum up the asking prices for properties in Park Place, Kirkcaldy, KY1 it comes to around average £58,625 for 1 bedroom property, £83,233 for 2 bedroom, £136,252 for 3 bedroom, £217,868 for 4 bedroom and £329,856 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 £529 for 2 bedroom to £600 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £415. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £456, £524 for 3 bedroom and £949 for 4 bedroom. You should be generally be expecting around average £415 rent per month for single bedroom property, £465 for 2 bedroom, £562 for 3 bedroom and approximately £949 for 4 bedroom property in Park Place, Kirkcaldy, KY1 area.

Popular Houses in Park Place, Kirkcaldy, KY1

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 Park Place, Kirkcaldy, KY1