Average Price for property in Faulkner Grove, Motherwell, ML1 is around £429,812 e.g. average price for detached house is around 434,139. Values have been changing and have risen £5,775 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,736 in last 6 months, £21,723 in last 1 year, £41,881 in last 2 years, £36,668 in last 3 years, £18,373 in last 4 years and £33,193 in last 5 years.
Currently average asking price of a property in Faulkner Grove, Motherwell, ML1 is around £131,389 based on approximately 1 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £459 per month.
Estimated property value in Faulkner Grove, Motherwell, ML1 is £429,812. Average asking price is £131,389 while average price paid is £405,000 which is up by £21,723 and Avg. asking rent £459.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 Faulkner Grove, Motherwell, ML1 area. In last 1 year alone average price buyer paid is around £405,000 based on approximately 1 sales in Faulkner Grove, Motherwell, ML1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £340,000. 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 £301,427 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £301,427 per sale.