Average Price for property in Bannoch Place, Motherwell, ML1 is around £220,405 which varies based on type of property you are interested in and ranges from £237,649 for detached house to around £160,753 for semi-detached. Values have been changing and have risen £2,962 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,096 in last 6 months, £11,141 in last 1 year, £21,481 in last 2 years, £18,812 in last 3 years, £9,434 in last 4 years and £17,036 in last 5 years.
Currently average asking price of a property in Bannoch Place, Motherwell, ML1 is around £131,389 based on approximately 1 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £459 per month.
Estimated property value in Bannoch Place, Motherwell, ML1 is £220,405. Average asking price is £131,389 while average price paid is £163,000 which is up by £11,141 and Avg. asking rent £459.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 Bannoch Place, Motherwell, ML1 area. In last 1 year alone average price buyer paid is around £163,000 based on approximately 1 sales in Bannoch Place, Motherwell, ML1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £149,416. 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 £149,416 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £161,562 per sale.