Springbank Street, Aberdeen, AB11

Street Guide For Springbank Street, Aberdeen, AB11

 

Springbank Street, Aberdeen, AB11 Map

Estimated Price: £203,418
Average Asking Price: £252,661
Price change in last one year: £15,507
Average Price Paid: £160,150
Average Rent Rates: £1,063

 

Property Prices Breakdown in Springbank Street, Aberdeen, AB11

Average Price for property in Springbank Street, Aberdeen, AB11 is around £203,418 which varies based on type of property you are interested in and ranges from £221,657 for semi-detached to around £166,941 for a flat. Values have been changing and have risen £939 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £894 in last 6 months, £15,507 in last 1 year, £30,844 in last 2 years, £27,281 in last 3 years, £34,718 in last 4 years and £32,462 in last 5 years.

Currently average asking price of a property in Springbank Street, Aberdeen, AB11 is around £252,661 based on approximately 1 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,063 per month.

Estimated property value in Springbank Street, Aberdeen, AB11 is £203,418. Average asking price is £252,661 while average price paid is £178,000 which is up by £15,507 and Avg. asking rent £1,063.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 Springbank Street, Aberdeen, AB11 area. In last 1 year alone average price buyer paid is around £178,000 based on approximately 1 sales in Springbank Street, Aberdeen, AB11 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £160,150. 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 £160,150 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £160,150 per sale.

 
 

For a flat similarly the prices varies from £89,500 for a single bedroom to £100,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Springbank Street, Aberdeen, AB11 it comes to around average £89,500 for 1 bedroom property and £100,000 for 2 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 £748 for 1 bedroom to £1,400 for 3 bedroom and £3,800 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £804. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,075, £1,487 for 3 bedroom and £1,950 for 4 bedroom. You should be generally be expecting around average £790 rent per month for single bedroom property, £1,075 for 2 bedroom, £1,458 for 3 bedroom, £1,950 for 4 bedroom and approximately £3,800 for a 5 bedroom property in Springbank Street, Aberdeen, AB11 area.

Popular Houses in Springbank Street, Aberdeen, AB11

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 Springbank Street, Aberdeen, AB11