Ryeland, Pitmedden, Ellon, AB41

Street Guide For Ryeland, Pitmedden, Ellon, AB41

 

Ryeland, Pitmedden, Ellon, AB41 Map

Estimated Price: £240,549
Average Asking Price: £341,720
Price change in last one year: £19,778
Average Price Paid: £229,175
Average Rent Rates: £1,093

 

Property Prices Breakdown in Ryeland, Pitmedden, Ellon, AB41

Average Price for property in Ryeland, Pitmedden, Ellon, AB41 is around £240,549 which varies based on type of property you are interested in and ranges from £246,131 for detached house to around £155,018 for semi-detached. Values have been changing and have risen £2,120 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,819 in last 6 months, £19,778 in last 1 year, £36,667 in last 2 years, £34,426 in last 3 years, £41,761 in last 4 years and £40,567 in last 5 years.

Currently average asking price of a property in Ryeland, Pitmedden, Ellon, AB41 is around £341,720 based on approximately 1 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,093 per month.

Estimated property value in Ryeland, Pitmedden, Ellon, AB41 is £240,549. Average asking price is £341,720 while average price paid is £276,700 which is up by £19,778 and Avg. asking rent £1,093.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 Ryeland, Pitmedden, Ellon, AB41 area. In last 1 year alone average price buyer paid is around £276,700 based on approximately 1 sales in Ryeland, Pitmedden, Ellon, AB41 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £248,350. 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 £229,175 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £229,175 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 2 bedroom is around £600,000, £292,996 for a 3 bedroom house and £402,498 for a 4 bedroom house. To sum up the asking prices for properties in Ryeland, Pitmedden, Ellon, AB41 it comes to around average £600,000 for 2 bedroom property, £292,996 for 3 bedroom and £402,498 for 4 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 is £1,230 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £750. You should be generally be expecting around average £750 rent per month for 2 bedroom property and approximately £1,230 for 4 bedroom property in Ryeland, Pitmedden, Ellon, AB41 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 Ryeland, Pitmedden, Ellon, AB41