PH3

Real Estate Area Guide For PH3

 
 

PH3 Map

Estimated Price: £261,848
Average Asking Price: £328,839
Price change in last one year: £6,581
Average Price Paid: £246,056
Average Rent Rates: £1,315

Reid Estate Ltd
Inveralmond Business Centre, 6 Auld Bond Road, Pe

Free House valuation

 

Property Prices Breakdown in PH3

Average Price for property in PH3 is around £261,848 which varies based on type of property you are interested in and ranges from £379,216 for detached house to around £201,711 for semi-detached. Similarly terraced house is around £157,071 and a flat is worth £181,210. Values have been changing and have risen £1,655 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,174 in last 6 months, £6,581 in last 1 year, £23,186 in last 2 years, £15,340 in last 3 years, £20,278 in last 4 years and £23,319 in last 5 years.

Currently average asking price of a property in PH3 is around £328,839 based on approximately 121 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £1,315 per month.

Estimated property value in PH3 is £261,848. Average asking price is £328,839 while average price paid is £271,382 which is up by £6,581 and Avg. asking rent £1,315.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 PH3 area. In last 1 year alone average price buyer paid is around £271,382 based on approximately 121 sales in PH3 area alone. If you compare it to last 3 years sales of 309 properties where buyers paid around £242,013. 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 £246,056 for 465 and average amount paid for purchase of approx. 615 properties sold in last 7 years comes to about £240,709 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 £69,995, £154,208 for a 2 bedroom house, £224,389 for a 3 bedroom house, £383,937 for a 4 bedroom house and £429,280 for a 5 bedroom house. For a flat similarly the prices varies from £166,444 for a 2 bedroom to £324,999 for a 3 bedroom Flat. Same is the case with 4 bedroom flat £550,000. To sum up the asking prices for properties in PH3 it comes to around average £69,995 for 1 bedroom property, £159,452 for 2 bedroom, £236,965 for 3 bedroom, £389,126 for 4 bedroom and £429,280 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 £520 for 1 bedroom to £849 for 3 bedroom and £1,850 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £589. You should be generally be expecting around average £520 rent per month for single bedroom property, £589 for 2 bedroom, £849 for 3 bedroom and approximately £1,850 for 4 bedroom property in PH3 area.

Popular Houses in PH3

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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