Prestwick

Area Guide For Prestwick

Prestwick (Scots: Preswick, Scottish Gaelic: Preastabhaig) is a town in South Ayrshire on the south-west shore of Scotland, around 30 miles (50 km) south-west of Glasgow. It appends the bigger town of Ayr, the inside of which is around 2 miles (3 km) south. It had a populace of 14,934 at the 2001 evaluation. The town is served by Glasgow Prestwick Airport, which serves numerous European destinations and also transoceanic and other global load flights. The town was the first home of the Open Golf Championship, which was played on the Prestwick Old Course from 1860 to 1872. Prestwick registration territory has a populace of 14,934; the common ward of Monkton and Prestwick has a populace of 14,261.

 
 

Prestwick Map

Estimated Price: £176,842
Average Asking Price: £173,709
Price change in last one year: £5,931
Average Price Paid: £154,299
Average Rent Rates: £557

 
 

Property Prices Breakdown in Prestwick

Average Price for property in Prestwick is around £176,842 which varies based on type of property you are interested in and ranges from £246,337 for detached house to around £184,486 for semi-detached. Similarly terraced house is around £147,584 and a flat is worth £119,030. Values have been changing and have risen £380 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £937 in last 6 months, £5,931 in last 1 year, £17,313 in last 2 years, £14,639 in last 3 years, £10,535 in last 4 years and £8,120 in last 5 years.

Currently average asking price of a property in Prestwick is around £173,709 based on approximately 233 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £557 per month.

Estimated property value in Prestwick is £176,842. Average asking price is £173,709 while average price paid is £162,053 which is up by £5,931 and Avg. asking rent £557.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 Prestwick area. In last 1 year alone average price buyer paid is around £162,053 based on approximately 233 sales in Prestwick area alone. If you compare it to last 3 years sales of 789 properties where buyers paid around £155,049. 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 £154,299 for 1,217 and average amount paid for purchase of approx. 1,708 properties sold in last 7 years comes to about £156,482 per sale.

 
 

Properties For Sale in Prestwick

 
 

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 2 bedroom is around £126,455, £164,045 for a 3 bedroom house, £245,902 for a 4 bedroom house and £325,000 for a 5 bedroom house. For a flat similarly the prices varies from £74,400 for a single bedroom to £109,550 for a 2 bedroom Flat. To sum up the asking prices for properties in Prestwick it comes to around average £74,400 for 1 bedroom property, £118,848 for 2 bedroom, £164,045 for 3 bedroom, £245,902 for 4 bedroom and £325,000 for a 5 bedroom property.

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 is £629 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £416. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £571. You should be generally be expecting around average £416 rent per month for single bedroom property, £571 for 2 bedroom and approximately £630 for 3 bedroom property in Prestwick area.

Popular Houses in Prestwick

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.

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