Values have been changing and have risen £159 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £572 in last 6 months, £3,918 in last 1 year, £8,603 in last 2 years, £4,557 in last 3 years, £6,634 in last 4 years and £4,902 in last 5 years.
Currently average asking price of a property in Bannockburn Street, Greenock, PA16 is around £139,170 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £710 per month.
Estimated property value in Bannockburn Street, Greenock, PA16 is £87,167. Average asking price is £139,170 while average price paid is £72,500 which is up by £3,918 and Avg. asking rent £710.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 Bannockburn Street, Greenock, PA16 area. In last 1 year alone average price buyer paid is around £72,500 based on approximately 2 sales in Bannockburn Street, Greenock, PA16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £64,225. 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 £71,535 for 10 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £75,140 per sale.