Wood Street, Aberdeen, AB11

Street Guide For Wood Street, Aberdeen, AB11

 

Wood Street, Aberdeen, AB11 Map

Estimated Price: £127,830
Average Asking Price: £252,661
Price change in last one year: £9,745
Average Price Paid: £91,733
Average Rent Rates: £1,070

 

Property Prices Breakdown in Wood Street, Aberdeen, AB11

Average Price for property in Wood Street, Aberdeen, AB11 is around £127,830 which varies based on type of property you are interested in and ranges from £225,118 for terraced house to around £104,738 for a flat. Values have been changing and have risen £590 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £562 in last 6 months, £9,745 in last 1 year, £19,385 in last 2 years, £17,149 in last 3 years, £21,825 in last 4 years and £20,410 in last 5 years.

Currently average asking price of a property in Wood Street, Aberdeen, AB11 is around £252,661 based on approximately 6 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,070 per month.

Estimated property value in Wood Street, Aberdeen, AB11 is £127,830. Average asking price is £252,661 while average price paid is £108,068 which is up by £9,745 and Avg. asking rent £1,070.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 Wood Street, Aberdeen, AB11 area. In last 1 year alone average price buyer paid is around £108,068 based on approximately 6 sales in Wood Street, Aberdeen, AB11 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £89,409. 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 £91,733 for 15 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £84,405 per sale.

 
 

For a flat similarly the prices varies from £89,500 for a single bedroom to £100,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Wood Street, Aberdeen, AB11 it comes to around average £89,500 for 1 bedroom property and £100,000 for 2 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 £748 for 1 bedroom to £1,400 for 3 bedroom and £3,800 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £823. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,076, £1,487 for 3 bedroom and £1,850 for 4 bedroom. You should be generally be expecting around average £804 rent per month for single bedroom property, £1,076 for 2 bedroom, £1,458 for 3 bedroom, £1,850 for 4 bedroom and approximately £3,800 for a 5 bedroom property in Wood Street, Aberdeen, AB11 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 Wood Street, Aberdeen, AB11