Smithy Lane, Balmullo, St. Andrews, KY16

Street Guide For Smithy Lane, Balmullo, St. Andrews, KY16

 
 

Smithy Lane, Balmullo, St. Andrews, KY16 Map

Estimated Price: £430,658
Average Asking Price: £403,282
Price change in last one year: £15,266
Average Price Paid: £297,500
Average Rent Rates: £1,292

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

Free House valuation

 

Property Prices Breakdown in Smithy Lane, Balmullo, St. Andrews, KY16

Average Price for property in Smithy Lane, Balmullo, St. Andrews, KY16 is around £430,658 e.g. average price for detached house is around 386,760. Values have been changing and have risen £4,917 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,236 in last 6 months, £15,266 in last 1 year, £41,074 in last 2 years, £54,783 in last 3 years, £55,277 in last 4 years and £53,043 in last 5 years.

Currently average asking price of a property in Smithy Lane, Balmullo, St. Andrews, KY16 is around £403,282 based on approximately 0 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,292 per month.

Estimated property value in Smithy Lane, Balmullo, St. Andrews, KY16 is £430,658. Average asking price is £403,282 while average price paid is £297,500 which is up by £53,043 and Avg. asking rent £1,292.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 Smithy Lane, Balmullo, St. Andrews, KY16 area. In last 5 years alone average price buyer paid is around £297,500 based on approximately 1 sales in Smithy Lane, Balmullo, St. Andrews, KY16 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £297,500.

 
 
 
 

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 £210,174, £269,148 for a 3 bedroom house, £435,426 for a 4 bedroom house and £585,500 for a 5 bedroom house. For a flat similarly the prices varies from £154,158 for a single bedroom to £575,345 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £357,968, £445,714 for a 4 bedroom flat and £500,000 for a 5 bedroom flat. To sum up the asking prices for properties in Smithy Lane, Balmullo, St. Andrews, KY16 it comes to around average £154,158 for 1 bedroom property, £420,147 for 2 bedroom, £305,587 for 3 bedroom, £437,140 for 4 bedroom and £577,727 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 £593 for 2 bedroom to £867 for 3 bedroom and £2,700 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,499. You should be generally be expecting around average £550 rent per month for single bedroom property, £744 for 2 bedroom, £867 for 3 bedroom and approximately £2,700 for 4 bedroom property in Smithy Lane, Balmullo, St. Andrews, KY16 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 Smithy Lane, Balmullo, St. Andrews, KY16