Average Price for property in Cypress Road, Newarthill, Motherwell, ML1 is around £276,252 e.g. average price for detached house is around 297,192. Values have been changing and have risen £3,712 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,400 in last 6 months, £13,964 in last 1 year, £26,922 in last 2 years, £23,575 in last 3 years, £11,820 in last 4 years and £21,348 in last 5 years.
Currently average asking price of a property in Cypress Road, Newarthill, Motherwell, ML1 is around £131,389 based on approximately 11 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £459 per month.
Estimated property value in Cypress Road, Newarthill, Motherwell, ML1 is £276,252. Average asking price is £131,389 while average price paid is £194,133 which is up by £13,964 and Avg. asking rent £459.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 Cypress Road, Newarthill, Motherwell, ML1 area. In last 1 year alone average price buyer paid is around £194,133 based on approximately 11 sales in Cypress Road, Newarthill, Motherwell, ML1 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £189,309. 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 £203,860 for 22 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £203,860 per sale.