Cumming Drive, Glasgow, G42

Street Guide For Cumming Drive, Glasgow, G42

 

Cumming Drive, Glasgow, G42 Map

Estimated Price: £80,234
Average Asking Price: £91,077
Price change in last one year: £7,618
Average Price Paid: £43,408
Average Rent Rates: £491

 

Property Prices Breakdown in Cumming Drive, Glasgow, G42

Average Price for property in Cumming Drive, Glasgow, G42 is around £80,234 e.g. average price for a flat is around 80,027. Values have been changing and have risen £519 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,579 in last 6 months, £7,618 in last 1 year, £10,956 in last 2 years, £7,989 in last 3 years, £6,447 in last 4 years and £6,542 in last 5 years.

Currently average asking price of a property in Cumming Drive, Glasgow, G42 is around £91,077 based on approximately 2 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £491 per month.

Estimated property value in Cumming Drive, Glasgow, G42 is £80,234. Average asking price is £91,077 while average price paid is £41,500 which is up by £7,618 and Avg. asking rent £491.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 Cumming Drive, Glasgow, G42 area. In last 1 year alone average price buyer paid is around £41,500 based on approximately 2 sales in Cumming Drive, Glasgow, G42 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £42,100. 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 £43,408 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £61,086 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 1 bedroom is around £47,500, £150,000 for a 2 bedroom house, £252,498 for a 4 bedroom house and £295,000 for a 5 bedroom house. For a flat similarly the prices varies from £66,356 for a single bedroom to £96,469 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £120,162, £259,000 for a 4 bedroom flat and £150,000 for a 5 bedroom flat. To sum up the asking prices for properties in Cumming Drive, Glasgow, G42 it comes to around average £66,120 for 1 bedroom property, £97,146 for 2 bedroom, £120,162 for 3 bedroom, £254,665 for 4 bedroom and £222,500 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 £399 for 1 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £385. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £536, £538 for 3 bedroom and £693 for 4 bedroom. You should be generally be expecting around average £386 rent per month for single bedroom property, £536 for 2 bedroom, £538 for 3 bedroom and approximately £693 for 4 bedroom property in Cumming Drive, Glasgow, G42 area.

Popular Houses in Cumming Drive, Glasgow, G42

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 Cumming Drive, Glasgow, G42