Values have been changing and have risen £160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £236 in last 6 months, £18,636 in last 1 year, £29,616 in last 2 years, £23,671 in last 3 years, £32,666 in last 4 years and £11,838 in last 5 years.
Currently average asking price of a property in Springfield, Dundee, DD1 is around £77,070 based on approximately 1 properties for sale. Same is the case with rental options based on 141 properties up for rent, average asking rent is around £800 per month.
Estimated property value in Springfield, Dundee, DD1 is £270,376. Average asking price is £77,070 while average price paid is £126,126 which is up by £18,636 and Avg. asking rent £800.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 Springfield, Dundee, DD1 area. In last 1 year alone average price buyer paid is around £126,126 based on approximately 1 sales in Springfield, Dundee, DD1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £254,972. 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 £254,972 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £243,465 per sale.