Values have been changing and have risen £1,025 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,930 in last 6 months, £4,570 in last 1 year, £7,848 in last 2 years, £1,985 in last 3 years, £6,898 in last 4 years and £3,785 in last 5 years.
Currently average asking price of a property in Queen Street, Dumfries, DG1 is around £170,340 based on approximately 2 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £640 per month.
Estimated property value in Queen Street, Dumfries, DG1 is £103,094. Average asking price is £170,340 while average price paid is £56,850 which is up by £4,570 and Avg. asking rent £640.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 Street, Dumfries, DG1 area. In last 1 year alone average price buyer paid is around £56,850 based on approximately 2 sales in Queen Street, Dumfries, DG1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £71,925. 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 £67,790 for 11 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £69,250 per sale.