Laurencekirk

Area Guide For Laurencekirk

Laurencekirk (Scottish Gaelic:Coinmheadh) is a residential area in the old district of Kincardineshire, current region of Aberdeenshire, Scotland, just off the A90 Dundee to Aberdeen fundamental street. It is the biggest settlement in the Howe o' the Mearns range and houses the neighborhood auxiliary school; Mearns Foundation, which was recompensed the Contract Check in 2003. The 2004 populace is evaluated at 3,596. Its old name was Conveth, a debasement of Scottish Gaelic Coinmheadh, alluding to a commitment to give free sustenance and board to passing troops. Laurencekirk is arranged in the valley between the Slope of Garvock and the Cairn O' Mount. The popular milestone of the Johnston Tower can be seen on the crest of the Garvock. Laurencekirk was, before, known for making snuff boxes with an unique kind of impenetrable pivot (known as a "Laurencekirk pivot") concocted by James Sandy. Lewis Grassic Gibbon composed much about The Mearns and the encompassing territory in his book Nightfall Tune. A tribute focus can be gone to at Arbuthnott a couple of miles from Laurencekirk. The Edinburgh to Aberdeen Line passes through the town. The station, which shut to travelers in 1967, was re-opened on 17 May 2009.

 
 

Laurencekirk Map

Estimated Price: £258,037
Average Asking Price: £333,245
Price change in last one year: £19,519
Average Price Paid: £205,211
Average Rent Rates: £875

 
 

Property Prices Breakdown in Laurencekirk

Average Price for property in Laurencekirk is around £258,037 which varies based on type of property you are interested in and ranges from £336,652 for detached house to around £203,874 for semi-detached. Similarly terraced house is around £172,148 and a flat is worth £127,613. Values have been changing and have risen £2,418 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,120 in last 6 months, £19,519 in last 1 year, £37,180 in last 2 years, £34,178 in last 3 years, £42,608 in last 4 years and £40,751 in last 5 years.

Currently average asking price of a property in Laurencekirk is around £333,245 based on approximately 126 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £875 per month.

Estimated property value in Laurencekirk is £258,037. Average asking price is £333,245 while average price paid is £229,177 which is up by £19,519 and Avg. asking rent £875.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 Laurencekirk area. In last 1 year alone average price buyer paid is around £229,177 based on approximately 126 sales in Laurencekirk area alone. If you compare it to last 3 years sales of 370 properties where buyers paid around £210,342. 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 £205,211 for 572 and average amount paid for purchase of approx. 779 properties sold in last 7 years comes to about £204,669 per sale.

 
 

Properties For Sale in Laurencekirk

 
 

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 £172,475, £272,500 for a 4 bedroom house and £535,000 for a 5 bedroom house. To sum up the asking prices for properties in Laurencekirk it comes to around average £172,475 for 3 bedroom property, £272,500 for 4 bedroom and £535,000 for 5 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 £550 for 2 bedroom to £984 for 3 bedroom. You should be generally be expecting around average £550 rent per month for 2 bedroom property and approximately £984 for 3 bedroom property in Laurencekirk area.

Popular Houses in Laurencekirk

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.

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