Young Street, Elgin, IV30

Street Guide For Young Street, Elgin, IV30

 

Young Street, Elgin, IV30 Map

Estimated Price: £233,087
Average Asking Price: £186,135
Price change in last one year: £2,437
Average Price Paid: £229,000
Average Rent Rates: £554

 

Property Prices Breakdown in Young Street, Elgin, IV30

Average Price for property in Young Street, Elgin, IV30 is around £233,087 which varies based on type of property you are interested in and ranges from £251,474 for detached house to around £196,501 for semi-detached. Similarly terraced house is around £442,113. Values have been changing and have risen £1,202 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,384 in last 6 months, £2,437 in last 1 year, £11,839 in last 2 years, £7,470 in last 3 years, £7,243 in last 4 years and £8,218 in last 5 years.

Currently average asking price of a property in Young Street, Elgin, IV30 is around £186,135 based on approximately 0 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £554 per month.

Estimated property value in Young Street, Elgin, IV30 is £233,087. Average asking price is £186,135 while average price paid is £244,333 which is up by £7,470 and Avg. asking rent £554.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 Young Street, Elgin, IV30 area. In last 3 years alone average price buyer paid is around £244,333 based on approximately 3 sales in Young Street, Elgin, IV30 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £229,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £247,666 for 6 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 1 bedroom is around £74,167, £107,483 for a 2 bedroom house, £152,875 for a 3 bedroom house, £243,888 for a 4 bedroom house and £331,102 for a 5 bedroom house. For a flat similarly the prices varies from £82,667 for a single bedroom to £101,550 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £142,500. To sum up the asking prices for properties in Young Street, Elgin, IV30 it comes to around average £78,417 for 1 bedroom property, £106,000 for 2 bedroom, £152,147 for 3 bedroom, £243,888 for 4 bedroom and £331,102 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 £386 for 1 bedroom to £459 for 2 bedroom and £641 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £399. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £487. You should be generally be expecting around average £396 rent per month for single bedroom property, £478 for 2 bedroom and approximately £641 for 3 bedroom property in Young Street, Elgin, IV30 area.

Popular Houses in Young Street, Elgin, IV30

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 Young Street, Elgin, IV30