South Inch Terrace, Perth, PH2

Street Guide For South Inch Terrace, Perth, PH2

 
 

South Inch Terrace, Perth, PH2 Map

Estimated Price: £73,544
Average Asking Price: £253,561
Price change in last one year: £1,122
Average Price Paid: £59,459
Average Rent Rates: £573

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

Free House valuation

 

Property Prices Breakdown in South Inch Terrace, Perth, PH2

Average Price for property in South Inch Terrace, Perth, PH2 is around £73,544 which varies based on type of property you are interested in and ranges from £51,917 for terraced house to around £76,913 for a flat. Values have been changing and have risen £386 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,763 in last 6 months, £1,122 in last 1 year, £6,165 in last 2 years, £4,637 in last 3 years, £5,246 in last 4 years and £5,626 in last 5 years.

Currently average asking price of a property in South Inch Terrace, Perth, PH2 is around £253,561 based on approximately 4 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £573 per month.

Estimated property value in South Inch Terrace, Perth, PH2 is £73,544. Average asking price is £253,561 while average price paid is £59,625 which is up by £1,122 and Avg. asking rent £573.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 South Inch Terrace, Perth, PH2 area. In last 1 year alone average price buyer paid is around £59,625 based on approximately 4 sales in South Inch Terrace, Perth, PH2 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £55,071. 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 £59,459 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £58,273 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 £101,666, £146,014 for a 2 bedroom house, £216,012 for a 3 bedroom house, £323,105 for a 4 bedroom house and £440,543 for a 5 bedroom house. For a flat similarly the prices varies from £81,971 for a single bedroom to £108,744 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £195,158 and £230,750 for a 4 bedroom flat. To sum up the asking prices for properties in South Inch Terrace, Perth, PH2 it comes to around average £83,486 for 1 bedroom property, £122,917 for 2 bedroom, £214,224 for 3 bedroom, £320,767 for 4 bedroom and £440,543 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 £501 for 2 bedroom to £768 for 3 bedroom, £1,025 for 4 bedroom and £925 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £453. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £505, £584 for 3 bedroom and £550 for 4 bedroom. You should be generally be expecting around average £453 rent per month for single bedroom property, £504 for 2 bedroom, £699 for 3 bedroom, £867 for 4 bedroom and approximately £925 for a 5 bedroom property in South Inch Terrace, Perth, PH2 area.

Popular Houses in South Inch Terrace, Perth, PH2

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 South Inch Terrace, Perth, PH2