Wellwood Terrace, Cults, Aberdeen, AB15

Street Guide For Wellwood Terrace, Cults, Aberdeen, AB15

 

Wellwood Terrace, Cults, Aberdeen, AB15 Map

Estimated Price: £477,025
Average Asking Price: £492,986
Price change in last one year: £42,191
Average Price Paid: £395,960
Average Rent Rates: £1,665

 

Property Prices Breakdown in Wellwood Terrace, Cults, Aberdeen, AB15

Average Price for property in Wellwood Terrace, Cults, Aberdeen, AB15 is around £477,025 which varies based on type of property you are interested in and ranges from £554,252 for detached house to around £397,767 for semi-detached. Values have been changing and have risen £4,556 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,447 in last 6 months, £42,191 in last 1 year, £73,046 in last 2 years, £65,675 in last 3 years, £77,264 in last 4 years and £84,766 in last 5 years.

Currently average asking price of a property in Wellwood Terrace, Cults, Aberdeen, AB15 is around £492,986 based on approximately 2 properties for sale. Same is the case with rental options based on 66 properties up for rent, average asking rent is around £1,665 per month.

Estimated property value in Wellwood Terrace, Cults, Aberdeen, AB15 is £477,025. Average asking price is £492,986 while average price paid is £387,765 which is up by £42,191 and Avg. asking rent £1,665.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 Wellwood Terrace, Cults, Aberdeen, AB15 area. In last 1 year alone average price buyer paid is around £387,765 based on approximately 2 sales in Wellwood Terrace, Cults, Aberdeen, AB15 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £387,765. 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 £395,960 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £387,345 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 £390,000, £460,000 for a 4 bedroom house and £828,000 for a 5 bedroom house. For a flat similarly the prices varies from £249,950 for a single bedroom to £364,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Wellwood Terrace, Cults, Aberdeen, AB15 it comes to around average £249,950 for 1 bedroom property, £364,950 for 2 bedroom, £390,000 for 3 bedroom, £460,000 for 4 bedroom and £828,000 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 £938 for 1 bedroom to £1,141 for 2 bedrooms, £1,686 for 3 bedrooms, £2,250 for 4 bedrooms and £2,778 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £758. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,310, £1,599 for 3 bedroom and £2,301 for 4 bedroom. You should be generally be expecting around average £878 rent per month for single bedroom property, £1,274 for 2 bedroom, £1,666 for 3 bedroom, £2,253 for 4 bedroom and approximately £2,778 for a 5 bedroom property in Wellwood Terrace, Cults, Aberdeen, AB15 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 Wellwood Terrace, Cults, Aberdeen, AB15