Average Price for property in Peterhead is around £183,518 which varies based on type of property you are interested in and ranges from £283,375 for detached house to around £159,705 for semi-detached. Similarly terraced house is around £128,141 and a flat is worth £98,100. Values have been changing and have risen £1,776 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,760 in last 6 months, £14,331 in last 1 year, £27,299 in last 2 years, £25,099 in last 3 years, £31,290 in last 4 years and £29,929 in last 5 years.
Currently average asking price of a property in Peterhead is around £474,313 based on approximately 592 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £704 per month.
Estimated property value in Peterhead is £183,518. Average asking price is £474,313 while average price paid is £166,094 which is up by £14,331 and Avg. asking rent £704.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 Peterhead area. In last 1 year alone average price buyer paid is around £166,094 based on approximately 592 sales in Peterhead area alone. If you compare it to last 3 years sales of 1,606 properties where buyers paid around £156,402. 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 £154,350 for 2,455 and average amount paid for purchase of approx. 3,470 properties sold in last 7 years comes to about £149,705 per sale.