Summerfield Terrace, Aberdeen, AB24

Street Guide For Summerfield Terrace, Aberdeen, AB24

 

Summerfield Terrace, Aberdeen, AB24 Map

Estimated Price: £134,304
Average Asking Price: £196,992
Price change in last one year: £10,787
Average Price Paid: £94,320
Average Rent Rates: £951

 

Property Prices Breakdown in Summerfield Terrace, Aberdeen, AB24

Average Price for property in Summerfield Terrace, Aberdeen, AB24 is around £134,304 which varies based on type of property you are interested in and ranges from £147,260 for terraced house to around £143,430 for a flat. Values have been changing and have risen £1,032 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,901 in last 6 months, £10,787 in last 1 year, £20,322 in last 2 years, £19,835 in last 3 years, £21,728 in last 4 years and £22,316 in last 5 years.

Currently average asking price of a property in Summerfield Terrace, Aberdeen, AB24 is around £196,992 based on approximately 6 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £951 per month.

Estimated property value in Summerfield Terrace, Aberdeen, AB24 is £134,304. Average asking price is £196,992 while average price paid is £105,541 which is up by £10,787 and Avg. asking rent £951.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 Summerfield Terrace, Aberdeen, AB24 area. In last 1 year alone average price buyer paid is around £105,541 based on approximately 6 sales in Summerfield Terrace, Aberdeen, AB24 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £94,803. 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 £94,320 for 17 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £102,895 per sale.

 
 

For a flat similarly the prices varies from £153,330 for a single bedroom to £246,281 for a 2 bedroom Flat. To sum up the asking prices for properties in Summerfield Terrace, Aberdeen, AB24 it comes to around average £153,330 for 1 bedroom property and £246,281 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 is £1,416 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £734. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £975 and £1,200 for 3 bedroom. You should be generally be expecting around average £734 rent per month for single bedroom property, £975 for 2 bedroom and approximately £1,308 for 3 bedroom property in Summerfield Terrace, Aberdeen, AB24 area.

Popular Houses in Summerfield Terrace, Aberdeen, AB24

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 Summerfield Terrace, Aberdeen, AB24