Stanley Street, Galashiels, TD1

Street Guide For Stanley Street, Galashiels, TD1

 

Stanley Street, Galashiels, TD1 Map

Estimated Price: £108,055
Average Asking Price: £169,403
Price change in last one year: £1,691
Average Price Paid: £92,125
Average Rent Rates: £1,190

 

Property Prices Breakdown in Stanley Street, Galashiels, TD1

Average Price for property in Stanley Street, Galashiels, TD1 is around £108,055 which varies based on type of property you are interested in and ranges from £134,416 for terraced house to around £114,363 for a flat. Values have been changing and have risen £173 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,650 in last 6 months, £1,691 in last 1 year, £8,762 in last 2 years, £7,777 in last 3 years, £11,035 in last 4 years and £8,347 in last 5 years.

Currently average asking price of a property in Stanley Street, Galashiels, TD1 is around £169,403 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,190 per month.

Estimated property value in Stanley Street, Galashiels, TD1 is £108,055. Average asking price is £169,403 while average price paid is £75,000 which is up by £1,691 and Avg. asking rent £1,190.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 Stanley Street, Galashiels, TD1 area. In last 1 year alone average price buyer paid is around £75,000 based on approximately 1 sales in Stanley Street, Galashiels, TD1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £93,600. 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 £92,125 for 8 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £94,392 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 1 bedroom is around £155,000, £117,404 for a 2 bedroom house, £155,304 for a 3 bedroom house, £241,007 for a 4 bedroom house and £273,362 for a 5 bedroom house. For a flat similarly the prices varies from £63,779 for a single bedroom to £88,520 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £114,706 and £128,000 for a 5 bedroom flat. To sum up the asking prices for properties in Stanley Street, Galashiels, TD1 it comes to around average £75,181 for 1 bedroom property, £97,598 for 2 bedroom, £149,127 for 3 bedroom, £241,007 for 4 bedroom and £257,211 for a 5 bedroom property.

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 £572 for 3 bedroom to £802 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £329. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £400 and £464 for 3 bedroom. You should be generally be expecting around average £329 rent per month for single bedroom property, £400 for 2 bedroom, £536 for 3 bedroom and approximately £802 for 4 bedroom property in Stanley Street, Galashiels, TD1 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 Stanley Street, Galashiels, TD1