Coatbridge

Area Guide For Coatbridge

Coatbridge is a town in North Lanarkshire, Scotland, around 10 miles east of Glasgow downtown area, set in the focal Lowlands. The town, with neighboring Airdrie, is a piece of the Greater Glasgow urban region. While the soonest known settlement of the territory goes once more to the Stone Age period, the establishing of the town can be followed to the twelfth century when a Royal Charter was conceded to the Monks of Newbattle Abbey by King Malcolm IV. Coatbridge, alongside its neighbor Airdrie, structures the region known as the Monklands. 

It was amid the most recent years of the eighteenth century that the region created from a detached gathering of villages into the town of Coatbridge. The town's improvement and development have been personally joined with the innovative advances of the modern upset, and specifically with the hot impact process. 

Coatbridge today is best depicted as a common laborers town secured to Glasgow, the biggest city in Scotland. It has additionally been portrayed as "populated generally by individuals of Irish plummet".

 
 

Coatbridge Map

Estimated Price: £119,364
Average Asking Price: £130,719
Price change in last one year: £7,496
Average Price Paid: £100,854
Average Rent Rates: £503

 
 

Property Prices Breakdown in Coatbridge

Average Price for property in Coatbridge is around £119,364 which varies based on type of property you are interested in and ranges from £215,151 for detached house to around £134,153 for semi-detached. Similarly terraced house is around £97,400 and a flat is worth £87,437. Values have been changing and have risen £1,730 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,225 in last 6 months, £7,496 in last 1 year, £13,722 in last 2 years, £14,355 in last 3 years, £9,758 in last 4 years and £13,646 in last 5 years.

Currently average asking price of a property in Coatbridge is around £130,719 based on approximately 512 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £503 per month.

Estimated property value in Coatbridge is £119,364. Average asking price is £130,719 while average price paid is £110,853 which is up by £7,496 and Avg. asking rent £503.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 Coatbridge area. In last 1 year alone average price buyer paid is around £110,853 based on approximately 512 sales in Coatbridge area alone. If you compare it to last 3 years sales of 1,384 properties where buyers paid around £102,088. 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 £100,854 for 2,135 and average amount paid for purchase of approx. 3,318 properties sold in last 7 years comes to about £100,564 per sale.

 
 

Properties For Sale in Coatbridge

 
 

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 £98,998, £85,845 for a 2 bedroom house, £141,270 for a 3 bedroom house, £199,435 for a 4 bedroom house and £319,875 for a 5 bedroom house. For a flat similarly the prices varies from £55,914 for a single bedroom to £69,583 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £84,426. To sum up the asking prices for properties in Coatbridge it comes to around average £63,095 for 1 bedroom property, £76,776 for 2 bedroom, £134,852 for 3 bedroom, £199,435 for 4 bedroom and £319,875 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 can vary from £399 for 1 bedroom to £743 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £413. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £447. You should be generally be expecting around average £410 rent per month for single bedroom property, £447 for 2 bedroom, £743 for 3 bedroom and approximately £849 for 4 bedroom property in Coatbridge area.

Popular Houses in Coatbridge

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.

Browse by Streets in Coatbridge

Browse by Outcodes in Coatbridge