Erskine

Area Guide For Erskine

Erskine is a town in the committee zone of Renfrewshire, and memorable area of the same name, arranged in the West Central Lowlands of Scotland. It lies on the southern bank of the River Clyde, giving the least intersection to the north bank of the waterway at the Erskine Bridge, uniting the town to Old Kilpatrick in West Dunbartonshire. Erskine is a worker town at the western degree of the Greater Glasgow conurbation, bordering Bishopton to the north and Renfrew, Inchinnan, Paisley and Glasgow International Airport to the south. Initially a little town settlement, the town has extended following the 1970s as another town, boosting the populace to more than 15,000. In 2014, it was evaluated a standout amongst the most alluring postcode territories to live in Scotland.

 
 

Erskine Map

Estimated Price: £143,092
Average Asking Price: £125,332
Price change in last one year: £4,242
Average Price Paid: £129,107
Average Rent Rates: £659

 
 

Property Prices Breakdown in Erskine

Average Price for property in Erskine is around £143,092 which varies based on type of property you are interested in and ranges from £225,628 for detached house to around £149,731 for semi-detached. Similarly terraced house is around £111,472 and a flat is worth £87,915. Values have been changing and have risen £1,149 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,281 in last 6 months, £4,242 in last 1 year, £12,797 in last 2 years, £6,512 in last 3 years, £10,187 in last 4 years and £7,880 in last 5 years.

Currently average asking price of a property in Erskine is around £125,332 based on approximately 170 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £659 per month.

Estimated property value in Erskine is £143,092. Average asking price is £125,332 while average price paid is £131,525 which is up by £4,242 and Avg. asking rent £659.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 Erskine area. In last 1 year alone average price buyer paid is around £131,525 based on approximately 170 sales in Erskine area alone. If you compare it to last 3 years sales of 469 properties where buyers paid around £125,968. 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 £129,107 for 693 and average amount paid for purchase of approx. 1,004 properties sold in last 7 years comes to about £131,862 per sale.

 
 

Properties For Sale in Erskine

 
 

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 £77,498, £90,192 for a 2 bedroom house, £139,821 for a 3 bedroom house and £177,798 for a 4 bedroom house. For a flat the prices of single bedroom is £61,333. To sum up the asking prices for properties in Erskine it comes to around average £70,571 for 1 bedroom property, £90,192 for 2 bedroom, £139,821 for 3 bedroom and £177,798 for 4 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 can vary from £524 for 2 bedroom to £1,001 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. You should be generally be expecting around average £450 rent per month for single bedroom property, £524 for 2 bedroom and approximately £1,001 for 4 bedroom property in Erskine area.

Popular Houses in Erskine

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.

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