Rosebank Lane, Forfar, DD8

Street Guide For Rosebank Lane, Forfar, DD8

 

Rosebank Lane, Forfar, DD8 Map

Estimated Price: £197,280
Average Asking Price: £239,625
Price change in last one year: £17,328
Average Price Paid: £134,333
Average Rent Rates: £476

 

Property Prices Breakdown in Rosebank Lane, Forfar, DD8

Average Price for property in Rosebank Lane, Forfar, DD8 is around £197,280 which varies based on type of property you are interested in and ranges from £143,709 for detached house to around £189,814 for semi-detached. Similarly flat is around £235,086. Values have been changing and have risen £201 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £192 in last 6 months, £17,328 in last 1 year, £23,689 in last 2 years, £14,603 in last 3 years, £23,079 in last 4 years and £10,198 in last 5 years.

Currently average asking price of a property in Rosebank Lane, Forfar, DD8 is around £239,625 based on approximately 2 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £476 per month.

Estimated property value in Rosebank Lane, Forfar, DD8 is £197,280. Average asking price is £239,625 while average price paid is £107,500 which is up by £17,328 and Avg. asking rent £476.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 Rosebank Lane, Forfar, DD8 area. In last 1 year alone average price buyer paid is around £107,500 based on approximately 2 sales in Rosebank Lane, Forfar, DD8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £134,333. 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 £134,333 for 3 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £151,857 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 £165,000, £130,429 for a 2 bedroom house, £195,699 for a 3 bedroom house, £292,611 for a 4 bedroom house and £343,285 for a 5 bedroom house. For a flat similarly the prices varies from £63,167 for a single bedroom to £68,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £82,475 and £65,000 for a 4 bedroom flat. To sum up the asking prices for properties in Rosebank Lane, Forfar, DD8 it comes to around average £88,625 for 1 bedroom property, £122,625 for 2 bedroom, £176,829 for 3 bedroom, £262,263 for 4 bedroom and £343,285 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 £507 for 2 bedroom to £599 for 3 bedroom and £735 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £344. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £416 and £537 for 3 bedroom. You should be generally be expecting around average £344 rent per month for single bedroom property, £446 for 2 bedroom, £580 for 3 bedroom and approximately £735 for 4 bedroom property in Rosebank Lane, Forfar, DD8 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 Rosebank Lane, Forfar, DD8