Average Price for property in Springbank Terrace, Aberdeen, AB11 is around £345,462 which varies based on type of property you are interested in and ranges from £453,907 for terraced house to around £216,292 for a flat. Values have been changing and have risen £1,594 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,515 in last 6 months, £26,329 in last 1 year, £52,373 in last 2 years, £46,317 in last 3 years, £58,946 in last 4 years and £55,112 in last 5 years.
Currently average asking price of a property in Springbank Terrace, Aberdeen, AB11 is around £252,661 based on approximately 6 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 Terrace, Aberdeen, AB11 is £345,462. Average asking price is £252,661 while average price paid is £245,969 which is up by £26,329 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 Terrace, Aberdeen, AB11 area. In last 1 year alone average price buyer paid is around £245,969 based on approximately 6 sales in Springbank Terrace, Aberdeen, AB11 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £262,094. 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 £275,194 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £264,875 per sale.