Bank Glen, Cumnock, KA18

Street Guide For Bank Glen, Cumnock, KA18

 

Bank Glen, Cumnock, KA18 Map

Estimated Price: £181,452
Average Asking Price: £147,390
Price change in last one year: £6,085
Average Price Paid: £87,500
Average Rent Rates: £491

 

Property Prices Breakdown in Bank Glen, Cumnock, KA18

Average Price for property in Bank Glen, Cumnock, KA18 is around £181,452 which varies based on type of property you are interested in and ranges from £254,789 for detached house to around £141,941 for semi-detached. Values have been changing and have risen £329 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,241 in last 6 months, £6,085 in last 1 year, £16,528 in last 2 years, £13,643 in last 3 years, £9,761 in last 4 years and £6,048 in last 5 years.

Currently average asking price of a property in Bank Glen, Cumnock, KA18 is around £147,390 based on approximately 1 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £491 per month.

Estimated property value in Bank Glen, Cumnock, KA18 is £181,452. Average asking price is £147,390 while average price paid is £87,500 which is up by £6,085 and Avg. asking rent £491.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 Bank Glen, Cumnock, KA18 area. In last 1 year alone average price buyer paid is around £87,500 based on approximately 1 sales in Bank Glen, Cumnock, KA18 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £87,500. 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 £87,500 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £149,750 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 £24,950, £71,342 for a 2 bedroom house, £189,370 for a 3 bedroom house and £195,000 for a 4 bedroom house. For a flat similarly the prices varies from £32,998 for a single bedroom to £39,942 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £43,500. To sum up the asking prices for properties in Bank Glen, Cumnock, KA18 it comes to around average £30,315 for 1 bedroom property, £61,249 for 2 bedroom, £185,897 for 3 bedroom and £195,000 for 4 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 £325 for 1 bedroom to £550 for 2 bedroom, £493 for 3 bedroom and £1,751 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £199. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £400 and £412 for 3 bedroom. You should be generally be expecting around average £262 rent per month for single bedroom property, £430 for 2 bedroom, £472 for 3 bedroom and approximately £1,751 for 4 bedroom property in Bank Glen, Cumnock, KA18 area.

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 Bank Glen, Cumnock, KA18