Average Price for property in Elmbank, Lesmahagow, Lanark, ML11 is around £222,131 e.g. average price for detached house is around 241,052. Values have been changing and have risen £2,487 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,358 in last 6 months, £6,912 in last 1 year, £21,501 in last 2 years, £17,059 in last 3 years, £8,295 in last 4 years and £13,495 in last 5 years.
Currently average asking price of a property in Elmbank, Lesmahagow, Lanark, ML11 is around £161,669 based on approximately 2 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £535 per month.
Estimated property value in Elmbank, Lesmahagow, Lanark, ML11 is £222,131. Average asking price is £161,669 while average price paid is £184,000 which is up by £6,912 and Avg. asking rent £535.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 Elmbank, Lesmahagow, Lanark, ML11 area. In last 1 year alone average price buyer paid is around £184,000 based on approximately 2 sales in Elmbank, Lesmahagow, Lanark, ML11 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £234,333. 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 £234,333 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £219,100 per sale.