Raith Crescent, Kirkcaldy, KY2

Street Guide For Raith Crescent, Kirkcaldy, KY2

 

Raith Crescent, Kirkcaldy, KY2 Map

Estimated Price: £240,688
Average Asking Price: £146,831
Price change in last one year: £8,535
Average Price Paid: £161,318
Average Rent Rates: £480

 

Property Prices Breakdown in Raith Crescent, Kirkcaldy, KY2

Average Price for property in Raith Crescent, Kirkcaldy, KY2 is around £240,688 e.g. average price for detached house is around 295,957. Values have been changing and have risen £2,749 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,163 in last 6 months, £8,535 in last 1 year, £22,965 in last 2 years, £30,629 in last 3 years, £30,909 in last 4 years and £29,665 in last 5 years.

Currently average asking price of a property in Raith Crescent, Kirkcaldy, KY2 is around £146,831 based on approximately 1 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £480 per month.

Estimated property value in Raith Crescent, Kirkcaldy, KY2 is £240,688. Average asking price is £146,831 while average price paid is £215,000 which is up by £8,535 and Avg. asking rent £480.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 Raith Crescent, Kirkcaldy, KY2 area. In last 1 year alone average price buyer paid is around £215,000 based on approximately 1 sales in Raith Crescent, Kirkcaldy, KY2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £161,318. 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 £161,318 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £168,188 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 £49,500, £86,557 for a 2 bedroom house, £138,653 for a 3 bedroom house, £222,718 for a 4 bedroom house and £279,250 for a 5 bedroom house. For a flat similarly the prices varies from £53,305 for a single bedroom to £80,869 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £106,799 and £94,500 for a 4 bedroom flat. To sum up the asking prices for properties in Raith Crescent, Kirkcaldy, KY2 it comes to around average £52,924 for 1 bedroom property, £83,358 for 2 bedroom, £134,792 for 3 bedroom, £214,704 for 4 bedroom and £279,250 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 £524 for 3 bedroom to £914 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £360. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £438. You should be generally be expecting around average £360 rent per month for single bedroom property, £438 for 2 bedroom, £524 for 3 bedroom and approximately £914 for 5 bedroom property in Raith Crescent, Kirkcaldy, KY2 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 Raith Crescent, Kirkcaldy, KY2