Queen Elizabeth Drive, Castle Douglas, DG7

Street Guide For Queen Elizabeth Drive, Castle Douglas, DG7

 

Queen Elizabeth Drive, Castle Douglas, DG7 Map

Estimated Price: £178,536
Average Asking Price: £253,512
Price change in last one year: £7,907
Average Price Paid: £148,833
Average Rent Rates: £489

 

Property Prices Breakdown in Queen Elizabeth Drive, Castle Douglas, DG7

Average Price for property in Queen Elizabeth Drive, Castle Douglas, DG7 is around £178,536 e.g. average price for detached house is around 162,976. Values have been changing and have risen £1,772 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,071 in last 6 months, £7,907 in last 1 year, £13,579 in last 2 years, £3,421 in last 3 years, £11,924 in last 4 years and £6,528 in last 5 years.

Currently average asking price of a property in Queen Elizabeth Drive, Castle Douglas, DG7 is around £253,512 based on approximately 1 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £489 per month.

Estimated property value in Queen Elizabeth Drive, Castle Douglas, DG7 is £178,536. Average asking price is £253,512 while average price paid is £166,000 which is up by £7,907 and Avg. asking rent £489.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 Queen Elizabeth Drive, Castle Douglas, DG7 area. In last 1 year alone average price buyer paid is around £166,000 based on approximately 1 sales in Queen Elizabeth Drive, Castle Douglas, DG7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £155,786. 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 £148,833 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £150,863 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 £75,000, £120,133 for a 2 bedroom house, £213,774 for a 3 bedroom house, £282,274 for a 4 bedroom house and £363,893 for a 5 bedroom house. For a flat similarly the prices varies from £96,714 for a 2 bedroom to £96,500 for a 3 bedroom Flat. To sum up the asking prices for properties in Queen Elizabeth Drive, Castle Douglas, DG7 it comes to around average £75,000 for 1 bedroom property, £115,165 for 2 bedroom, £210,842 for 3 bedroom, £282,274 for 4 bedroom and £363,893 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 £428 for 2 bedroom to £599 for 3 bedroom, £676 for 4 bedroom and £650 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £480. You should be generally be expecting around average £445 rent per month for 2 bedroom property, £599 for 3 bedroom, £676 for 4 bedroom and approximately £650 for 5 bedroom property in Queen Elizabeth Drive, Castle Douglas, DG7 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 Queen Elizabeth Drive, Castle Douglas, DG7