Values have been changing and have risen £860 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,640 in last 6 months, £3,235 in last 1 year, £6,236 in last 2 years, £5,468 in last 3 years, £2,755 in last 4 years and £4,961 in last 5 years.
Currently average asking price of a property in Bellshill Road, Motherwell, ML1 is around £131,389 based on approximately 4 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 Bellshill Road, Motherwell, ML1 is £63,883. Average asking price is £131,389 while average price paid is £55,250 which is up by £3,235 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 Bellshill Road, Motherwell, ML1 area. In last 1 year alone average price buyer paid is around £55,250 based on approximately 4 sales in Bellshill Road, Motherwell, ML1 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £41,982. 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 £43,875 for 18 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £50,486 per sale.