Average Price for property in The Laurels, Dumfries, DG1 is around £220,330 e.g. average price for detached house is around 219,300. Values have been changing and have risen £2,186 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,256 in last 6 months, £9,756 in last 1 year, £16,755 in last 2 years, £4,217 in last 3 years, £14,713 in last 4 years and £8,053 in last 5 years.
Currently average asking price of a property in The Laurels, Dumfries, DG1 is around £170,340 based on approximately 2 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £640 per month.
Estimated property value in The Laurels, Dumfries, DG1 is £220,330. Average asking price is £170,340 while average price paid is £153,500 which is up by £9,756 and Avg. asking rent £640.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 The Laurels, Dumfries, DG1 area. In last 1 year alone average price buyer paid is around £153,500 based on approximately 2 sales in The Laurels, Dumfries, DG1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £157,833. 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 £164,571 for 7 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £171,466 per sale.