Patons Lane, Dundee, DD2

Street Guide For Patons Lane, Dundee, DD2

 

Patons Lane, Dundee, DD2 Map

Estimated Price: £186,897
Average Asking Price: £208,782
Price change in last one year: £16,906
Average Price Paid: £171,249
Average Rent Rates: £619

 

Property Prices Breakdown in Patons Lane, Dundee, DD2

Values have been changing and have risen £696 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,129 in last 6 months, £16,906 in last 1 year, £21,534 in last 2 years, £12,940 in last 3 years, £22,220 in last 4 years and £11,499 in last 5 years.

Currently average asking price of a property in Patons Lane, Dundee, DD2 is around £208,782 based on approximately 1 properties for sale. Same is the case with rental options based on 133 properties up for rent, average asking rent is around £619 per month.

Estimated property value in Patons Lane, Dundee, DD2 is £186,897. Average asking price is £208,782 while average price paid is £230,000 which is up by £16,906 and Avg. asking rent £619.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 Patons Lane, Dundee, DD2 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 1 sales in Patons Lane, Dundee, DD2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £168,123. 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 £171,249 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £164,811 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 2 bedroom is around £80,000, £199,707 for a 3 bedroom house, £315,222 for a 4 bedroom house and £453,750 for a 5 bedroom house. For a flat similarly the prices varies from £100,000 for a single bedroom to £92,141 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £75,000. To sum up the asking prices for properties in Patons Lane, Dundee, DD2 it comes to around average £100,000 for 1 bedroom property, £88,499 for 2 bedroom, £162,295 for 3 bedroom, £315,222 for 4 bedroom and £453,750 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 £351 for 1 bedroom to £698 for 2 bedrooms, £726 for 3 bedrooms, £1,069 for 4 bedrooms and £1,352 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £441. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £551, £792 for 3 bedroom, £1,207 for 4 bedroom and around £1,651 for 5 bedroom flat. You should be generally be expecting around average £436 rent per month for single bedroom property, £560 for 2 bedroom, £780 for 3 bedroom, £1,149 for 4 bedroom and approximately £1,452 for a 5 bedroom property in Patons Lane, Dundee, DD2 area.

Popular Houses in Patons Lane, Dundee, DD2

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 Patons Lane, Dundee, DD2