Average Price for property in Springbank Terrace, Peterhead, AB42 is around £116,610 which varies based on type of property you are interested in and ranges from £116,226 for detached house to around £137,639 for semi-detached. Similarly terraced house is around £132,667. Values have been changing and have risen £1,034 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,861 in last 6 months, £9,634 in last 1 year, £17,861 in last 2 years, £16,774 in last 3 years, £20,349 in last 4 years and £19,771 in last 5 years.
Currently average asking price of a property in Springbank Terrace, Peterhead, AB42 is around £474,313 based on approximately 3 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £704 per month.
Estimated property value in Springbank Terrace, Peterhead, AB42 is £116,610. Average asking price is £474,313 while average price paid is £79,666 which is up by £9,634 and Avg. asking rent £704.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, Peterhead, AB42 area. In last 1 year alone average price buyer paid is around £79,666 based on approximately 3 sales in Springbank Terrace, Peterhead, AB42 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £93,750. 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 £92,712 for 10 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £97,531 per sale.