Scotstown Road, Peterhead, AB42

Street Guide For Scotstown Road, Peterhead, AB42

 

Scotstown Road, Peterhead, AB42 Map

Estimated Price: £220,376
Average Asking Price: £474,313
Price change in last one year: £18,202
Average Price Paid: £154,000
Average Rent Rates: £704

 

Property Prices Breakdown in Scotstown Road, Peterhead, AB42

Average Price for property in Scotstown Road, Peterhead, AB42 is around £220,376 e.g. average price for detached house is around 221,987. Values have been changing and have risen £1,951 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,514 in last 6 months, £18,202 in last 1 year, £33,746 in last 2 years, £31,685 in last 3 years, £38,437 in last 4 years and £37,338 in last 5 years.

Currently average asking price of a property in Scotstown Road, Peterhead, AB42 is around £474,313 based on approximately 4 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £704 per month.

Estimated property value in Scotstown Road, Peterhead, AB42 is £220,376. Average asking price is £474,313 while average price paid is £161,750 which is up by £18,202 and Avg. asking rent £704.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 Scotstown Road, Peterhead, AB42 area. In last 1 year alone average price buyer paid is around £161,750 based on approximately 4 sales in Scotstown Road, Peterhead, AB42 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £150,333. 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 £154,000 for 8 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £161,968 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 £141,500, £158,000 for a 3 bedroom house and £390,000 for a 5 bedroom house. For a flat similarly the prices varies from £70,000 for a 3 bedroom to £89,000 for a 4 bedroom Flat. To sum up the asking prices for properties in Scotstown Road, Peterhead, AB42 it comes to around average £141,500 for 2 bedroom property, £128,667 for 3 bedroom, £89,000 for 4 bedroom and £390,000 for 5 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 £624 for 2 bedroom to £722 for 3 bedroom and £750 for 4 bedroom. You should be generally be expecting around average £624 rent per month for 2 bedroom property, £722 for 3 bedroom and approximately £750 for 4 bedroom property in Scotstown Road, Peterhead, AB42 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 Scotstown Road, Peterhead, AB42