Airdrie

Area Guide For Airdrie

Airdrie is a town in North Lanarkshire, Scotland. It lies on a level around 400 ft above ocean level, and is roughly 12 miles east of Glasgow downtown area. Airdrie structures some piece of a conurbation with its neighbor Coatbridge, in the previous area known as the Monklands. Starting 2006, the town had a populace of 55,326. Chapelhall, Calderbank, Caldercruix, Gartness, Glenmavis, Greengairs, Longriggend, Moffat Mills, Plains, Stand, Upperton and Wattston are for the most part thought to be satellite towns of Airdrie. The source of Airdrie's name is not known for certain. It first shows up in the Register of the Great Seal of Scotland in 1373 as Ardre. By 1546 it has gotten to be Ardry and by 1587 Ardrie.

 
 

Airdrie Map

Estimated Price: £119,747
Average Asking Price: £131,829
Price change in last one year: £3,928
Average Price Paid: £109,152
Average Rent Rates: £510

 
 

Property Prices Breakdown in Airdrie

Average Price for property in Airdrie is around £119,747 which varies based on type of property you are interested in and ranges from £200,104 for detached house to around £120,571 for semi-detached. Similarly terraced house is around £91,867 and a flat is worth £78,480. Values have been changing and have risen £543 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,090 in last 6 months, £3,928 in last 1 year, £10,813 in last 2 years, £8,626 in last 3 years, £3,894 in last 4 years and £9,912 in last 5 years.

Currently average asking price of a property in Airdrie is around £131,829 based on approximately 645 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £510 per month.

Estimated property value in Airdrie is £119,747. Average asking price is £131,829 while average price paid is £107,894 which is up by £3,928 and Avg. asking rent £510.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 Airdrie area. In last 1 year alone average price buyer paid is around £107,894 based on approximately 645 sales in Airdrie area alone. If you compare it to last 3 years sales of 1,840 properties where buyers paid around £107,032. 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 £109,152 for 2,887 and average amount paid for purchase of approx. 4,639 properties sold in last 7 years comes to about £109,624 per sale.

 
 

Properties For Sale in Airdrie

 
 

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 £57,498, £82,255 for a 2 bedroom house, £130,582 for a 3 bedroom house, £210,780 for a 4 bedroom house and £292,230 for a 5 bedroom house. For a flat similarly the prices varies from £54,491 for a single bedroom to £64,649 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £54,974. To sum up the asking prices for properties in Airdrie it comes to around average £55,242 for 1 bedroom property, £72,589 for 2 bedroom, £117,621 for 3 bedroom, £210,780 for 4 bedroom and £292,230 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 £513 for 2 bedroom to £608 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 £475. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £464 and £455 for 3 bedroom. You should be generally be expecting around average £475 rent per month for single bedroom property, £470 for 2 bedroom, £503 for 3 bedroom and approximately £750 for 4 bedroom property in Airdrie area.

Popular Houses in Airdrie

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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