Cumberland Street, Glasgow, G5

Street Guide For Cumberland Street, Glasgow, G5

 

Cumberland Street, Glasgow, G5 Map

Estimated Price: £119,778
Average Asking Price: £118,423
Price change in last one year: £10,396
Average Price Paid: £104,732
Average Rent Rates: £707

 

Property Prices Breakdown in Cumberland Street, Glasgow, G5

Average Price for property in Cumberland Street, Glasgow, G5 is around £119,778 which varies based on type of property you are interested in and ranges from £188,729 for terraced house to around £116,966 for a flat. Values have been changing and have risen £779 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,367 in last 6 months, £10,396 in last 1 year, £16,621 in last 2 years, £11,460 in last 3 years, £7,222 in last 4 years and £9,448 in last 5 years.

Currently average asking price of a property in Cumberland Street, Glasgow, G5 is around £118,423 based on approximately 4 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £707 per month.

Estimated property value in Cumberland Street, Glasgow, G5 is £119,778. Average asking price is £118,423 while average price paid is £119,405 which is up by £10,396 and Avg. asking rent £707.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 Cumberland Street, Glasgow, G5 area. In last 1 year alone average price buyer paid is around £119,405 based on approximately 4 sales in Cumberland Street, Glasgow, G5 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £110,268. 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 £104,732 for 16 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £102,065 per sale.

 
 

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 3 bedroom is around £141,300 and £163,350 for a 4 bedroom house. For a flat similarly the prices varies from £86,968 for a single bedroom to £112,263 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £151,381. To sum up the asking prices for properties in Cumberland Street, Glasgow, G5 it comes to around average £86,968 for 1 bedroom property, £112,263 for 2 bedroom, £149,009 for 3 bedroom and £163,350 for 4 bedroom.

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 £888 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £594. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £627 and £768 for 3 bedroom. You should be generally be expecting around average £594 rent per month for single bedroom property, £626 for 2 bedroom and approximately £828 for 3 bedroom property in Cumberland Street, Glasgow, G5 area.

Popular Houses in Cumberland Street, Glasgow, G5

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.

Areas in and around Cumberland Street, Glasgow, G5