Riverside Drive, Aberdeen, AB11

Street Guide For Riverside Drive, Aberdeen, AB11

 

Riverside Drive, Aberdeen, AB11 Map

Estimated Price: £241,930
Average Asking Price: £252,661
Price change in last one year: £18,440
Average Price Paid: £188,702
Average Rent Rates: £1,063

 

Property Prices Breakdown in Riverside Drive, Aberdeen, AB11

Average Price for property in Riverside Drive, Aberdeen, AB11 is around £241,930 which varies based on type of property you are interested in and ranges from £387,776 for terraced house to around £248,404 for a flat. Values have been changing and have risen £1,117 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,062 in last 6 months, £18,440 in last 1 year, £36,682 in last 2 years, £32,443 in last 3 years, £41,288 in last 4 years and £38,605 in last 5 years.

Currently average asking price of a property in Riverside Drive, Aberdeen, AB11 is around £252,661 based on approximately 12 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 Riverside Drive, Aberdeen, AB11 is £241,930. Average asking price is £252,661 while average price paid is £204,348 which is up by £18,440 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 Riverside Drive, Aberdeen, AB11 area. In last 1 year alone average price buyer paid is around £204,348 based on approximately 12 sales in Riverside Drive, Aberdeen, AB11 area alone. If you compare it to last 3 years sales of 28 properties where buyers paid around £194,765. 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 £188,702 for 48 and average amount paid for purchase of approx. 80 properties sold in last 7 years comes to about £186,208 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 Riverside Drive, 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 Riverside Drive, Aberdeen, AB11 area.

Popular Houses in Riverside Drive, 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 Riverside Drive, Aberdeen, AB11