Farm Lane, Bellshill, ML4

Street Guide For Farm Lane, Bellshill, ML4

 

Farm Lane, Bellshill, ML4 Map

Estimated Price: £108,230
Average Asking Price: £90,819
Price change in last one year: £3,797
Average Price Paid: £110,000
Average Rent Rates: £454

 

Property Prices Breakdown in Farm Lane, Bellshill, ML4

Average Price for property in Farm Lane, Bellshill, ML4 is around £108,230 e.g. average price for semi-detached is around 124,674. Values have been changing and have risen £1,198 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,872 in last 6 months, £3,797 in last 1 year, £10,301 in last 2 years, £7,864 in last 3 years, £4,049 in last 4 years and £8,332 in last 5 years.

Currently average asking price of a property in Farm Lane, Bellshill, ML4 is around £90,819 based on approximately 0 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £454 per month.

Estimated property value in Farm Lane, Bellshill, ML4 is £108,230. Average asking price is £90,819 while average price paid is £110,000 which is up by £8,332 and Avg. asking rent £454.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 Farm Lane, Bellshill, ML4 area. In last 5 years alone average price buyer paid is around £110,000 based on approximately 1 sales in Farm Lane, Bellshill, ML4 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £115,000.

 
 

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 £67,000, £75,439 for a 2 bedroom house, £124,381 for a 3 bedroom house, £148,561 for a 4 bedroom house and £120,000 for a 5 bedroom house. For a flat similarly the prices varies from £39,437 for a single bedroom to £71,070 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £59,999 and £72,000 for a 4 bedroom flat. To sum up the asking prices for properties in Farm Lane, Bellshill, ML4 it comes to around average £41,058 for 1 bedroom property, £72,797 for 2 bedroom, £122,542 for 3 bedroom, £140,054 for 4 bedroom and £120,000 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 £477 for 2 bedroom to £666 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £344. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £454 and £494 for 4 bedroom. You should be generally be expecting around average £344 rent per month for single bedroom property, £456 for 2 bedroom, £666 for 3 bedroom and approximately £622 for 4 bedroom property in Farm Lane, Bellshill, ML4 area.

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 Farm Lane, Bellshill, ML4