Average Price for property in Burns Place, Shotts, ML7 is around £85,480 which varies based on type of property you are interested in and ranges from £96,324 for detached house to around £79,091 for semi-detached. Similarly terraced house is around £85,499. Values have been changing and have risen £964 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,118 in last 6 months, £3,059 in last 1 year, £8,299 in last 2 years, £6,337 in last 3 years, £3,268 in last 4 years and £6,718 in last 5 years.
Currently average asking price of a property in Burns Place, Shotts, ML7 is around £102,553 based on approximately 1 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £457 per month.
Estimated property value in Burns Place, Shotts, ML7 is £85,480. Average asking price is £102,553 while average price paid is £52,150 which is up by £3,059 and Avg. asking rent £457.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 Burns Place, Shotts, ML7 area. In last 1 year alone average price buyer paid is around £52,150 based on approximately 1 sales in Burns Place, Shotts, ML7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £62,575. 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 £62,575 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £71,716 per sale.