Tern Path, Glenrothes, KY7

Street Guide For Tern Path, Glenrothes, KY7

 

Tern Path, Glenrothes, KY7 Map

Estimated Price: £73,287
Average Asking Price: £131,764
Price change in last one year: £2,254
Average Price Paid: £58,433
Average Rent Rates: £520

 

Property Prices Breakdown in Tern Path, Glenrothes, KY7

Average Price for property in Tern Path, Glenrothes, KY7 is around £73,287 which varies based on type of property you are interested in and ranges from £77,065 for terraced house to around £45,223 for a flat. Values have been changing and have risen £860 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,752 in last 6 months, £2,254 in last 1 year, £5,964 in last 2 years, £8,734 in last 3 years, £9,285 in last 4 years and £8,407 in last 5 years.

Currently average asking price of a property in Tern Path, Glenrothes, KY7 is around £131,764 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 £520 per month.

Estimated property value in Tern Path, Glenrothes, KY7 is £73,287. Average asking price is £131,764 while average price paid is £55,300 which is up by £2,254 and Avg. asking rent £520.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 Tern Path, Glenrothes, KY7 area. In last 1 year alone average price buyer paid is around £55,300 based on approximately 1 sales in Tern Path, Glenrothes, KY7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £67,649. 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 £58,433 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £72,574 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 £54,999, £91,745 for a 2 bedroom house, £130,102 for a 3 bedroom house, £193,238 for a 4 bedroom house and £306,590 for a 5 bedroom house. For a flat similarly the prices varies from £54,500 for a single bedroom to £65,405 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £118,500. To sum up the asking prices for properties in Tern Path, Glenrothes, KY7 it comes to around average £54,600 for 1 bedroom property, £79,147 for 2 bedroom, £129,210 for 3 bedroom, £193,238 for 4 bedroom and £306,590 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 £462 for 2 bedroom to £590 for 3 bedroom, £724 for 4 bedroom and £875 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £451 and £409 for 3 bedroom. You should be generally be expecting around average £351 rent per month for single bedroom property, £460 for 2 bedroom, £513 for 3 bedroom, £724 for 4 bedroom and approximately £875 for a 5 bedroom property in Tern Path, Glenrothes, KY7 area.

Popular Houses in Tern Path, Glenrothes, KY7

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 Tern Path, Glenrothes, KY7