Riverside Gardens, Wormit, Newport-on-Tay, DD6

Street Guide For Riverside Gardens, Wormit, Newport-on-Tay, DD6

 
 

Riverside Gardens, Wormit, Newport-on-Tay, DD6 Map

Estimated Price: £151,891
Average Asking Price: £210,072
Price change in last one year: £13,576
Average Price Paid: £124,777
Average Rent Rates: £661

Reid Estate Ltd
Inveralmond Business Centre, 6 Auld Bond Road, Pe

Free House valuation

 

Property Prices Breakdown in Riverside Gardens, Wormit, Newport-on-Tay, DD6

Average Price for property in Riverside Gardens, Wormit, Newport-on-Tay, DD6 is around £151,891 which varies based on type of property you are interested in and ranges from £123,084 for detached house to around £134,184 for semi-detached. Similarly terraced house is around £169,135. Values have been changing and have risen £247 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £417 in last 6 months, £13,576 in last 1 year, £18,199 in last 2 years, £11,149 in last 3 years, £19,005 in last 4 years and £6,938 in last 5 years.

Currently average asking price of a property in Riverside Gardens, Wormit, Newport-on-Tay, DD6 is around £210,072 based on approximately 3 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £661 per month.

Estimated property value in Riverside Gardens, Wormit, Newport-on-Tay, DD6 is £151,891. Average asking price is £210,072 while average price paid is £154,833 which is up by £13,576 and Avg. asking rent £661.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 Gardens, Wormit, Newport-on-Tay, DD6 area. In last 1 year alone average price buyer paid is around £154,833 based on approximately 3 sales in Riverside Gardens, Wormit, Newport-on-Tay, DD6 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £142,375. 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 £124,777 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £130,950 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 £110,000, £201,000 for a 3 bedroom house, £306,250 for a 4 bedroom house and £412,250 for a 5 bedroom house. For a flat similarly the prices varies from £65,000 for a single bedroom to £94,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Riverside Gardens, Wormit, Newport-on-Tay, DD6 it comes to around average £83,000 for 1 bedroom property, £94,000 for 2 bedroom, £201,000 for 3 bedroom, £306,250 for 4 bedroom and £412,250 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 £622 for 2 bedroom to £997 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £575. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £663. You should be generally be expecting around average £594 rent per month for 2 bedroom property, £663 for 3 bedroom and approximately £997 for 4 bedroom property in Riverside Gardens, Wormit, Newport-on-Tay, DD6 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 Riverside Gardens, Wormit, Newport-on-Tay, DD6