Average Price for property in Torphins, Banchory, AB31 is around £457,574 which varies based on type of property you are interested in and ranges from £537,455 for detached house to around £316,376 for semi-detached. Similarly terraced house is around £131,862. Values have been changing and have risen £3,805 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,852 in last 6 months, £35,499 in last 1 year, £65,816 in last 2 years, £61,791 in last 3 years, £74,956 in last 4 years and £72,810 in last 5 years.
Currently average asking price of a property in Torphins, Banchory, AB31 is around £506,874 based on approximately 5 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,504 per month.
Estimated property value in Torphins, Banchory, AB31 is £457,574. Average asking price is £506,874 while average price paid is £269,400 which is up by £35,499 and Avg. asking rent £1,504.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 Torphins, Banchory, AB31 area. In last 1 year alone average price buyer paid is around £269,400 based on approximately 5 sales in Torphins, Banchory, AB31 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £300,329. 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 £323,772 for 21 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £331,447 per sale.