South Street, Newmill, Keith, AB55

Street Guide For South Street, Newmill, Keith, AB55

 

South Street, Newmill, Keith, AB55 Map

Estimated Price: £75,602
Average Asking Price: £187,160
Price change in last one year: £6,352
Average Price Paid: £64,000
Average Rent Rates: £737

 

Property Prices Breakdown in South Street, Newmill, Keith, AB55

Average Price for property in South Street, Newmill, Keith, AB55 is around £75,602 e.g. average price for terraced house is around 58,202. Values have been changing and have risen £682 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,228 in last 6 months, £6,352 in last 1 year, £11,778 in last 2 years, £11,063 in last 3 years, £13,421 in last 4 years and £13,044 in last 5 years.

Currently average asking price of a property in South Street, Newmill, Keith, AB55 is around £187,160 based on approximately 1 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £737 per month.

Estimated property value in South Street, Newmill, Keith, AB55 is £75,602. Average asking price is £187,160 while average price paid is £70,000 which is up by £6,352 and Avg. asking rent £737.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 Street, Newmill, Keith, AB55 area. In last 1 year alone average price buyer paid is around £70,000 based on approximately 1 sales in South Street, Newmill, Keith, AB55 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £70,000. 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 £64,000 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £75,400 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 £98,250, £136,285 for a 3 bedroom house, £260,906 for a 4 bedroom house and £406,667 for a 5 bedroom house. To sum up the asking prices for properties in South Street, Newmill, Keith, AB55 it comes to around average £98,250 for 2 bedroom property, £136,285 for 3 bedroom, £260,906 for 4 bedroom and £406,667 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 is £576 for 2 bedroom. You should be generally be expecting around average £576 rent per month for 2 bedroom property in South Street, Newmill, Keith, AB55 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 South Street, Newmill, Keith, AB55