Elphinstone Place, Govan, Glasgow, G51

Street Guide For Elphinstone Place, Govan, Glasgow, G51

 

Elphinstone Place, Govan, Glasgow, G51 Map

Estimated Price: £69,073
Average Asking Price: £75,602
Price change in last one year: £6,232
Average Price Paid: £47,872
Average Rent Rates: £478

 

Property Prices Breakdown in Elphinstone Place, Govan, Glasgow, G51

Average Price for property in Elphinstone Place, Govan, Glasgow, G51 is around £69,073 e.g. average price for a flat is around 73,853. Values have been changing and have risen £754 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,115 in last 6 months, £6,232 in last 1 year, £9,132 in last 2 years, £5,886 in last 3 years, £5,813 in last 4 years and £5,994 in last 5 years.

Currently average asking price of a property in Elphinstone Place, Govan, Glasgow, G51 is around £75,602 based on approximately 1 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £478 per month.

Estimated property value in Elphinstone Place, Govan, Glasgow, G51 is £69,073. Average asking price is £75,602 while average price paid is £52,000 which is up by £6,232 and Avg. asking rent £478.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 Elphinstone Place, Govan, Glasgow, G51 area. In last 1 year alone average price buyer paid is around £52,000 based on approximately 1 sales in Elphinstone Place, Govan, Glasgow, G51 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £46,480. 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 £47,872 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £52,904 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 £49,975, £78,825 for a 2 bedroom house and £99,300 for a 3 bedroom house. For a flat similarly the prices varies from £61,192 for a single bedroom to £80,365 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £92,500. To sum up the asking prices for properties in Elphinstone Place, Govan, Glasgow, G51 it comes to around average £60,444 for 1 bedroom property, £80,140 for 2 bedroom and £97,357 for 3 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 £615 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £375. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £510 and £586 for 3 bedroom. You should be generally be expecting around average £375 rent per month for single bedroom property, £515 for 2 bedroom and approximately £586 for 3 bedroom property in Elphinstone Place, Govan, Glasgow, G51 area.

Popular Houses in Elphinstone Place, Govan, Glasgow, G51

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 Elphinstone Place, Govan, Glasgow, G51