Russell Place, Nairn, IV12

Street Guide For Russell Place, Nairn, IV12

 

Russell Place, Nairn, IV12 Map

Estimated Price: £95,195
Average Asking Price: £267,935
Price change in last one year: £604
Average Price Paid: £105,166
Average Rent Rates: £659

 

Property Prices Breakdown in Russell Place, Nairn, IV12

Average Price for property in Russell Place, Nairn, IV12 is around £95,195 e.g. average price for semi-detached is around 119,492. Values have been changing and have risen £877 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,919 in last 6 months, £604 in last 1 year, £6,807 in last 2 years, £4,636 in last 3 years, £6,605 in last 4 years and £5,979 in last 5 years.

Currently average asking price of a property in Russell Place, Nairn, IV12 is around £267,935 based on approximately 1 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £659 per month.

Estimated property value in Russell Place, Nairn, IV12 is £95,195. Average asking price is £267,935 while average price paid is £115,500 which is up by £604 and Avg. asking rent £659.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 Russell Place, Nairn, IV12 area. In last 1 year alone average price buyer paid is around £115,500 based on approximately 1 sales in Russell Place, Nairn, IV12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £122,750. 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 £105,166 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £95,150 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 £78,000, £131,498 for a 2 bedroom house, £220,599 for a 3 bedroom house, £320,783 for a 4 bedroom house and £376,500 for a 5 bedroom house. For a flat similarly the prices varies from £135,000 for a single bedroom to £96,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Russell Place, Nairn, IV12 it comes to around average £97,000 for 1 bedroom property, £117,499 for 2 bedroom, £220,599 for 3 bedroom, £320,783 for 4 bedroom and £376,500 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 is £459 for 2 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £676. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £750. You should be generally be expecting around average £568 rent per month for 2 bedroom property and approximately £750 for 3 bedroom property in Russell Place, Nairn, IV12 area.

Popular Houses in Russell Place, Nairn, IV12

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 Russell Place, Nairn, IV12