Kilmarnock

Area Guide For Kilmarnock

Kilmarnock (Scottish Gaelic: Cille Mheàrnaig, "Meàrnag's congregation") is an expansive burgh in East Ayrshire, Scotland with a populace of 46,179, making it the fifteenth most populated place in Scotland[3][4] and the second biggest town in Ayrshire.[5] The Waterway Irvine goes through its eastern area, and the Kilmarnock Water passes through it, offering climb to the name 'Bank Street'.[6] Kilmarnock is regularly abbreviated to 'Killie', particularly when it is referenced in a footballing circumstance. Kilmarnock is the fundamental town inside East Ayrshire, and the East Ayrshire HQ is placed on London Street in Kilmarnock, prompting the towns Crookedholm and Hurlford, which besides prompts Loudoun. Kilmarnock is the second biggest town in Ayrshire, after just Ayr.

 
 

Kilmarnock Map

Estimated Price: £141,534
Average Asking Price: £147,723
Price change in last one year: £9,110
Average Price Paid: £123,784
Average Rent Rates: £479

 
 

Property Prices Breakdown in Kilmarnock

Average Price for property in Kilmarnock is around £141,534 which varies based on type of property you are interested in and ranges from £231,058 for detached house to around £130,165 for semi-detached. Similarly terraced house is around £100,055 and a flat is worth £89,235. Values have been changing and have risen £550 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,012 in last 6 months, £9,110 in last 1 year, £13,655 in last 2 years, £11,589 in last 3 years, £11,322 in last 4 years and £3,529 in last 5 years.

Currently average asking price of a property in Kilmarnock is around £147,723 based on approximately 932 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £479 per month.

Estimated property value in Kilmarnock is £141,534. Average asking price is £147,723 while average price paid is £123,935 which is up by £9,110 and Avg. asking rent £479.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 Kilmarnock area. In last 1 year alone average price buyer paid is around £123,935 based on approximately 932 sales in Kilmarnock area alone. If you compare it to last 3 years sales of 2,604 properties where buyers paid around £122,614. 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 £123,784 for 3,905 and average amount paid for purchase of approx. 6,003 properties sold in last 7 years comes to about £128,191 per sale.

 
 

Properties For Sale in Kilmarnock

 
 

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 £58,204, £78,782 for a 2 bedroom house, £123,157 for a 3 bedroom house, £231,446 for a 4 bedroom house and £375,724 for a 5 bedroom house. For a flat similarly the prices varies from £53,399 for a single bedroom to £72,611 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £126,845. To sum up the asking prices for properties in Kilmarnock it comes to around average £54,308 for 1 bedroom property, £74,906 for 2 bedroom, £123,577 for 3 bedroom, £231,446 for 4 bedroom and £375,724 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 £477 for 2 bedroom to £574 for 3 bedroom and £749 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £360. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £427, £413 for 3 bedroom and £635 for 4 bedroom. You should be generally be expecting around average £360 rent per month for single bedroom property, £452 for 2 bedroom, £546 for 3 bedroom and approximately £711 for 4 bedroom property in Kilmarnock area.

Popular Houses in Kilmarnock

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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