Average Price for property in Bankhead Terrace, Lanark, ML11 is around £68,002 which varies based on type of property you are interested in and ranges from £75,175 for semi-detached to around £54,920 for a flat. Values have been changing and have risen £707 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,374 in last 6 months, £1,966 in last 1 year, £6,111 in last 2 years, £4,854 in last 3 years, £2,371 in last 4 years and £3,852 in last 5 years.
Currently average asking price of a property in Bankhead Terrace, Lanark, ML11 is around £161,669 based on approximately 3 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £535 per month.
Estimated property value in Bankhead Terrace, Lanark, ML11 is £68,002. Average asking price is £161,669 while average price paid is £55,333 which is up by £1,966 and Avg. asking rent £535.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 Bankhead Terrace, Lanark, ML11 area. In last 1 year alone average price buyer paid is around £55,333 based on approximately 3 sales in Bankhead Terrace, Lanark, ML11 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £58,250. 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 £52,214 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £52,163 per sale.