Tern Road, Cove, Aberdeen, AB12

Street Guide For Tern Road, Cove, Aberdeen, AB12

 

Tern Road, Cove, Aberdeen, AB12 Map

Estimated Price: £301,453
Average Asking Price: £485,312
Price change in last one year: £24,314
Average Price Paid: £242,500
Average Rent Rates: £1,400

 

Property Prices Breakdown in Tern Road, Cove, Aberdeen, AB12

Average Price for property in Tern Road, Cove, Aberdeen, AB12 is around £301,453 which varies based on type of property you are interested in and ranges from £375,528 for detached house to around £292,146 for semi-detached. Values have been changing and have risen £2,606 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,693 in last 6 months, £24,314 in last 1 year, £45,078 in last 2 years, £42,323 in last 3 years, £51,341 in last 4 years and £49,873 in last 5 years.

Currently average asking price of a property in Tern Road, Cove, Aberdeen, AB12 is around £485,312 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,400 per month.

Estimated property value in Tern Road, Cove, Aberdeen, AB12 is £301,453. Average asking price is £485,312 while average price paid is £262,500 which is up by £24,314 and Avg. asking rent £1,400.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 Road, Cove, Aberdeen, AB12 area. In last 1 year alone average price buyer paid is around £262,500 based on approximately 2 sales in Tern Road, Cove, Aberdeen, AB12 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £251,666. 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 £242,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £242,500 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 3 bedroom is around £304,995, £565,499 for a 4 bedroom house and £717,975 for a 5 bedroom house. To sum up the asking prices for properties in Tern Road, Cove, Aberdeen, AB12 it comes to around average £304,995 for 3 bedroom property, £565,499 for 4 bedroom and £717,975 for 5 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 can vary from £1,275 for 3 bedroom to £1,950 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £802. You should be generally be expecting around average £802 rent per month for 2 bedroom property, £1,275 for 3 bedroom and approximately £1,950 for 4 bedroom property in Tern Road, Cove, Aberdeen, AB12 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 Tern Road, Cove, Aberdeen, AB12