Prospect Terrace, Aberdeen, AB11

Street Guide For Prospect Terrace, Aberdeen, AB11

 

Prospect Terrace, Aberdeen, AB11 Map

Estimated Price: £257,931
Average Asking Price: £252,661
Price change in last one year: £19,658
Average Price Paid: £232,384
Average Rent Rates: £1,063

 

Property Prices Breakdown in Prospect Terrace, Aberdeen, AB11

Average Price for property in Prospect Terrace, Aberdeen, AB11 is around £257,931 which varies based on type of property you are interested in and ranges from £556,671 for detached house to around £335,853 for semi-detached. Similarly terraced house is around £318,355 and a flat is worth £205,320. Values have been changing and have risen £1,190 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,131 in last 6 months, £19,658 in last 1 year, £39,104 in last 2 years, £34,583 in last 3 years, £44,013 in last 4 years and £41,151 in last 5 years.

Currently average asking price of a property in Prospect Terrace, Aberdeen, AB11 is around £252,661 based on approximately 2 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,063 per month.

Estimated property value in Prospect Terrace, Aberdeen, AB11 is £257,931. Average asking price is £252,661 while average price paid is £159,344 which is up by £19,658 and Avg. asking rent £1,063.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 Prospect Terrace, Aberdeen, AB11 area. In last 1 year alone average price buyer paid is around £159,344 based on approximately 2 sales in Prospect Terrace, Aberdeen, AB11 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £241,412. 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 £232,384 for 26 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £214,585 per sale.

 
 

For a flat similarly the prices varies from £89,500 for a single bedroom to £100,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Prospect Terrace, Aberdeen, AB11 it comes to around average £89,500 for 1 bedroom property and £100,000 for 2 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 £748 for 1 bedroom to £1,400 for 3 bedroom and £3,800 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £804. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,075, £1,487 for 3 bedroom and £1,950 for 4 bedroom. You should be generally be expecting around average £790 rent per month for single bedroom property, £1,075 for 2 bedroom, £1,458 for 3 bedroom, £1,950 for 4 bedroom and approximately £3,800 for a 5 bedroom property in Prospect Terrace, Aberdeen, AB11 area.

Popular Houses in Prospect Terrace, Aberdeen, AB11

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 Prospect Terrace, Aberdeen, AB11