Piries Lane, Inverurie, AB51

Street Guide For Piries Lane, Inverurie, AB51

 

Piries Lane, Inverurie, AB51 Map

Estimated Price: £214,670
Average Asking Price: £389,700
Price change in last one year: £17,685
Average Price Paid: £200,000
Average Rent Rates: £1,352

 

Property Prices Breakdown in Piries Lane, Inverurie, AB51

Average Price for property in Piries Lane, Inverurie, AB51 is around £214,670 e.g. average price for detached house is around 275,089. Values have been changing and have risen £1,732 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,249 in last 6 months, £17,685 in last 1 year, £31,626 in last 2 years, £29,439 in last 3 years, £33,726 in last 4 years and £34,794 in last 5 years.

Currently average asking price of a property in Piries Lane, Inverurie, AB51 is around £389,700 based on approximately 1 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £1,352 per month.

Estimated property value in Piries Lane, Inverurie, AB51 is £214,670. Average asking price is £389,700 while average price paid is £170,000 which is up by £17,685 and Avg. asking rent £1,352.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 Piries Lane, Inverurie, AB51 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 1 sales in Piries Lane, Inverurie, AB51 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £170,000. 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 £200,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £210,000 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 £230,000, £439,698 for a 3 bedroom house, £375,989 for a 4 bedroom house and £479,000 for a 5 bedroom house. To sum up the asking prices for properties in Piries Lane, Inverurie, AB51 it comes to around average £230,000 for 2 bedroom property, £439,698 for 3 bedroom, £375,989 for 4 bedroom and £479,000 for 5 bedroom.

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 £802 for 1 bedroom to £1,200 for 3 bedroom, £1,925 for 4 bedroom and £1,651 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £975. You should be generally be expecting around average £802 rent per month for single bedroom property, £975 for 2 bedroom, £1,200 for 3 bedroom, £1,925 for 4 bedroom and approximately £1,651 for a 5 bedroom property in Piries Lane, Inverurie, AB51 area.

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 Piries Lane, Inverurie, AB51