Edinburgh Road, Biggar, ML12

Street Guide For Edinburgh Road, Biggar, ML12

 

Edinburgh Road, Biggar, ML12 Map

Estimated Price: £184,846
Average Asking Price: £238,873
Price change in last one year: £6,690
Average Price Paid: £179,777
Average Rent Rates: £511

 

Property Prices Breakdown in Edinburgh Road, Biggar, ML12

Average Price for property in Edinburgh Road, Biggar, ML12 is around £184,846 which varies based on type of property you are interested in and ranges from £196,866 for detached house to around £120,773 for terraced house. Values have been changing and have risen £2,110 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,824 in last 6 months, £6,690 in last 1 year, £18,158 in last 2 years, £13,854 in last 3 years, £7,121 in last 4 years and £14,672 in last 5 years.

Currently average asking price of a property in Edinburgh Road, Biggar, ML12 is around £238,873 based on approximately 4 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £511 per month.

Estimated property value in Edinburgh Road, Biggar, ML12 is £184,846. Average asking price is £238,873 while average price paid is £147,000 which is up by £6,690 and Avg. asking rent £511.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 Edinburgh Road, Biggar, ML12 area. In last 1 year alone average price buyer paid is around £147,000 based on approximately 4 sales in Edinburgh Road, Biggar, ML12 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £149,000. 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 £179,777 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £179,777 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 £92,782, £122,048 for a 2 bedroom house, £164,190 for a 3 bedroom house, £284,946 for a 4 bedroom house and £339,045 for a 5 bedroom house. For a flat similarly the prices varies from £60,000 for a single bedroom to £97,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £219,900. To sum up the asking prices for properties in Edinburgh Road, Biggar, ML12 it comes to around average £88,099 for 1 bedroom property, £117,494 for 2 bedroom, £167,567 for 3 bedroom, £284,946 for 4 bedroom and £339,045 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 £488 for 2 bedroom to £527 for 3 bedroom. You should be generally be expecting around average £488 rent per month for 2 bedroom property and approximately £527 for 3 bedroom property in Edinburgh Road, Biggar, ML12 area.

Popular Houses in Edinburgh Road, Biggar, ML12

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 Edinburgh Road, Biggar, ML12