Arbroath

Area Guide For Arbroath

Arbroath or (Scottish Gaelic: Obar Bhrothaig, is a previous regal burgh and the biggest town in the committee region of Angus in Scotland, and has a populace of 22,785. It lies on the North Ocean coast, around 16 miles (25.7â km) ENE of Dundee and 45 miles (72.4â km) SSW of Aberdeen. While there is confirmation for settlement of the range now possessed by the town that goes again to the Iron Age, Arbroath's history as a town starts in the High Medieval times with the establishing of Arbroath Convent in 1178. Arbroath developed impressively amid the Mechanical Transformation owing to the development of firstly the flax and besides the jute commercial ventures and the building part. Another harbor was inherent 1839 and by the twentieth century, Arbroath had turned into one of the bigger angling ports in Scotland. The town is remarkable as the home of the Assertion of Arbroath, and also the Arbroath Smokie. The soonest recorded name for the town was 'Aberbrothock', a reference to the Brothock Blaze which goes through the town, the prefix "Aber" impending either from the Gaelic 'Obair', or the prior term "Aber" which could be either Goidelic or Brythonic for 'river mouth'.

 
 

Arbroath Map

Estimated Price: £144,676
Average Asking Price: £261,399
Price change in last one year: £12,872
Average Price Paid: £129,385
Average Rent Rates: £475

 
 

Property Prices Breakdown in Arbroath

Average Price for property in Arbroath is around £144,676 which varies based on type of property you are interested in and ranges from £252,787 for detached house to around £148,503 for semi-detached. Similarly terraced house is around £120,454 and a flat is worth £88,578. Values have been changing and have risen £424 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £163 in last 6 months, £12,872 in last 1 year, £18,382 in last 2 years, £12,292 in last 3 years, £18,043 in last 4 years and £7,798 in last 5 years.

Currently average asking price of a property in Arbroath is around £261,399 based on approximately 348 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £475 per month.

Estimated property value in Arbroath is £144,676. Average asking price is £261,399 while average price paid is £140,186 which is up by £12,872 and Avg. asking rent £475.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 Arbroath area. In last 1 year alone average price buyer paid is around £140,186 based on approximately 348 sales in Arbroath area alone. If you compare it to last 3 years sales of 940 properties where buyers paid around £133,869. 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 £129,385 for 1,512 and average amount paid for purchase of approx. 2,154 properties sold in last 7 years comes to about £125,777 per sale.

 
 

Properties For Sale in Arbroath

 
 

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 2 bedroom is around £109,500, £166,596 for a 3 bedroom house, £299,787 for a 4 bedroom house and £396,666 for a 5 bedroom house. For a flat similarly the prices varies from £49,750 for a single bedroom to £50,000 for a 2 bedroom Flat. Same is the case with 5 bedroom flat £200,000. To sum up the asking prices for properties in Arbroath it comes to around average £49,750 for 1 bedroom property, £73,800 for 2 bedroom, £166,596 for 3 bedroom, £299,787 for 4 bedroom and £347,500 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 £381 for 1 bedroom to £539 for 2 bedroom and £607 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £373. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £465 and £542 for 3 bedroom. You should be generally be expecting around average £374 rent per month for single bedroom property, £493 for 2 bedroom and approximately £561 for 3 bedroom property in Arbroath area.

Popular Houses in Arbroath

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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