Bridge of Weir

Area Guide For Bridge of Weir

bridge of Weir is a town inside the Renfrewshire board range and more extensive memorable region of Renfrewshire in the west focal Lowlands of Scotland. Existing in the Gryffe Valley and giving an intersection point to the River Gryffe, the town today serves generally as a quarters settlement for adjacent Glasgow and Paisley in spite of the fact that it keeps up a business centre of its own and some light industry.The town population for the past 10 years as slowly increased by little , 2001 statistics the population for the village was 4,635 and recently it has only increased up to only 4,650.

 
 

Bridge of Weir Map

Estimated Price: £274,894
Average Asking Price: £258,482
Price change in last one year: £8,083
Average Price Paid: £229,010
Average Rent Rates: £800

 
 

Property Prices Breakdown in Bridge of Weir

Average Price for property in Bridge of Weir is around £274,894 which varies based on type of property you are interested in and ranges from £469,437 for detached house to around £208,770 for semi-detached. Similarly terraced house is around £157,039 and a flat is worth £156,800. Values have been changing and have risen £2,191 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,165 in last 6 months, £8,083 in last 1 year, £24,388 in last 2 years, £12,397 in last 3 years, £19,395 in last 4 years and £14,991 in last 5 years.

Currently average asking price of a property in Bridge of Weir is around £258,482 based on approximately 66 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £800 per month.

Estimated property value in Bridge of Weir is £274,894. Average asking price is £258,482 while average price paid is £237,427 which is up by £8,083 and Avg. asking rent £800.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 Bridge of Weir area. In last 1 year alone average price buyer paid is around £237,427 based on approximately 66 sales in Bridge of Weir area alone. If you compare it to last 3 years sales of 204 properties where buyers paid around £231,457. 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 £229,010 for 354 and average amount paid for purchase of approx. 505 properties sold in last 7 years comes to about £233,089 per sale.

 
 

Properties For Sale in Bridge of Weir

 
 

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 1 bedroom is around £158,000, £189,000 for a 2 bedroom house, £235,666 for a 3 bedroom house, £391,332 for a 4 bedroom house and £519,249 for a 5 bedroom house. For a flat similarly the prices varies from £62,000 for a single bedroom to £111,672 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £166,874. To sum up the asking prices for properties in Bridge of Weir it comes to around average £110,000 for 1 bedroom property, £118,116 for 2 bedroom, £208,149 for 3 bedroom, £391,332 for 4 bedroom and £519,249 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 £951 for 3 bedroom. But if you are interested in renting a 3 bedroom flat then rent per month can be around £498. You should be generally be expecting around average £800 rent per month for 3 bedroom property in Bridge of Weir area.

Popular Houses in Bridge of Weir

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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