Wallace Place, Perth, PH1

Street Guide For Wallace Place, Perth, PH1

 
 

Wallace Place, Perth, PH1 Map

Estimated Price: £70,325
Average Asking Price: £185,623
Price change in last one year: £2,107
Average Price Paid: £68,000
Average Rent Rates: £481

Cailean property
2-4 Bonnar Street Dunfermline KY12 7 JQ
Reid Estate Ltd
Inveralmond Business Centre, 6 Auld Bond Road, Pe

Free House valuation

 

Property Prices Breakdown in Wallace Place, Perth, PH1

Average Price for property in Wallace Place, Perth, PH1 is around £70,325 which varies based on type of property you are interested in and ranges from £74,806 for detached house to around £106,321 for semi-detached. Similarly terraced house is around £43,778. Values have been changing and have risen £513 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,931 in last 6 months, £2,107 in last 1 year, £6,546 in last 2 years, £5,154 in last 3 years, £5,130 in last 4 years and £6,068 in last 5 years.

Currently average asking price of a property in Wallace Place, Perth, PH1 is around £185,623 based on approximately 0 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £481 per month.

Estimated property value in Wallace Place, Perth, PH1 is £70,325. Average asking price is £185,623 while average price paid is £68,000 which is up by £6,068 and Avg. asking rent £481.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 Wallace Place, Perth, PH1 area. In last 5 years alone average price buyer paid is around £68,000 based on approximately 3 sales in Wallace Place, Perth, PH1 area alone. If you compare it to last 7 years sales of 6 properties where buyers paid around £74,833.

 
 
 
 

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 £33,500, £133,655 for a 2 bedroom house, £190,429 for a 3 bedroom house, £315,814 for a 4 bedroom house and £348,428 for a 5 bedroom house. For a flat similarly the prices varies from £71,024 for a single bedroom to £98,863 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £113,277 and £162,000 for a 4 bedroom flat. To sum up the asking prices for properties in Wallace Place, Perth, PH1 it comes to around average £70,086 for 1 bedroom property, £107,126 for 2 bedroom, £180,366 for 3 bedroom, £307,858 for 4 bedroom and £348,428 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 £556 for 2 bedroom to £715 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £386. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £481 and £590 for 3 bedroom. You should be generally be expecting around average £386 rent per month for single bedroom property, £492 for 2 bedroom, £644 for 3 bedroom and approximately £849 for 4 bedroom property in Wallace Place, Perth, PH1 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 Wallace Place, Perth, PH1