Westhill

Area Guide For Westhill

Westhill is a town spotted in the Scottish district of Aberdeenshire, pretty nearly 7.5 miles due west of the city of Aberdeen. The formation of Westhill only outside of Aberdeen was the real trick of neighborhood specialist Ronald Fraser Senior member in 1963. With the sponsorship of the previous Aberdeen Area Committee (see Aberdeen City Board), the Secretary of State for Scotland and upheld fiscally by Ashdale Area and Property Organization Ltd., the new settlement of Westhill was made upon the old cultivating area. Since development of the first houses in 1968, Westhill has experienced a steady extension, a lot of which is fixed to the North East's oil and gas economy. In 2007/8 a significant development of the modern home brought a few thousand laborers to the territory. The vast majority of these are in expert sub-ocean building oil administration organizations, making Westhill a world focus in sub-ocean designing. The name Westhill was made in 1859 when John Anderson from Strichen purchased the abutting little domains of Wester Kinmundy and Blackhills. Both of these names were extremely old, going once again to in any event the sixteenth Century, however Anderson appears to be not to have preferred them. He along these lines made the name Westhill from the other two names. This is recorded in the Register of Sasines December 2, 1859.

 
 

Westhill Map

Estimated Price: £320,496
Average Asking Price: £481,370
Price change in last one year: £24,942
Average Price Paid: £296,173
Average Rent Rates: £1,785

 
 

Property Prices Breakdown in Westhill

Average Price for property in Westhill is around £320,496 which varies based on type of property you are interested in and ranges from £423,528 for detached house to around £257,168 for semi-detached. Similarly terraced house is around £221,128 and a flat is worth £194,165. Values have been changing and have risen £3,090 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,542 in last 6 months, £24,942 in last 1 year, £47,512 in last 2 years, £43,676 in last 3 years, £54,449 in last 4 years and £52,074 in last 5 years.

Currently average asking price of a property in Westhill is around £481,370 based on approximately 217 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,785 per month.

Estimated property value in Westhill is £320,496. Average asking price is £481,370 while average price paid is £334,166 which is up by £24,942 and Avg. asking rent £1,785.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 Westhill area. In last 1 year alone average price buyer paid is around £334,166 based on approximately 217 sales in Westhill area alone. If you compare it to last 3 years sales of 807 properties where buyers paid around £313,560. 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 £296,173 for 1,332 and average amount paid for purchase of approx. 1,740 properties sold in last 7 years comes to about £282,840 per sale.

 
 

Properties For Sale in Westhill

 
 

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 £332,328, £447,995 for a 4 bedroom house and £601,495 for a 5 bedroom house. To sum up the asking prices for properties in Westhill it comes to around average £332,328 for 3 bedroom property, £447,995 for 4 bedroom and £601,495 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 £1,751 for 3 bedroom to £2,033 for 4 bedroom. You should be generally be expecting around average £1,751 rent per month for 3 bedroom property and approximately £2,033 for 4 bedroom property in Westhill area.

Popular Houses in Westhill

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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