Forbes Drive, Glasgow, G40

Street Guide For Forbes Drive, Glasgow, G40

 

Forbes Drive, Glasgow, G40 Map

Estimated Price: £106,725
Average Asking Price: £106,857
Price change in last one year: £9,395
Average Price Paid: £40,300
Average Rent Rates: £465

 

Property Prices Breakdown in Forbes Drive, Glasgow, G40

Average Price for property in Forbes Drive, Glasgow, G40 is around £106,725 which varies based on type of property you are interested in and ranges from £121,155 for terraced house to around £88,445 for a flat. Values have been changing and have risen £875 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,541 in last 6 months, £9,395 in last 1 year, £14,209 in last 2 years, £9,617 in last 3 years, £9,032 in last 4 years and £8,922 in last 5 years.

Currently average asking price of a property in Forbes Drive, Glasgow, G40 is around £106,857 based on approximately 1 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £465 per month.

Estimated property value in Forbes Drive, Glasgow, G40 is £106,725. Average asking price is £106,857 while average price paid is £55,600 which is up by £9,395 and Avg. asking rent £465.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 Forbes Drive, Glasgow, G40 area. In last 1 year alone average price buyer paid is around £55,600 based on approximately 1 sales in Forbes Drive, Glasgow, G40 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £40,300. 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 £40,300 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £70,900 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 £90,000, £99,995 for a 2 bedroom house and £114,500 for a 3 bedroom house. For a flat similarly the prices varies from £55,325 for a single bedroom to £120,788 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £249,995 and £86,500 for a 4 bedroom flat. To sum up the asking prices for properties in Forbes Drive, Glasgow, G40 it comes to around average £60,279 for 1 bedroom property, £119,749 for 2 bedroom, £159,665 for 3 bedroom and £86,500 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 is £576 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £420. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £529 and £494 for 3 bedroom. You should be generally be expecting around average £420 rent per month for single bedroom property, £532 for 2 bedroom and approximately £494 for 3 bedroom property in Forbes Drive, Glasgow, G40 area.

Popular Houses in Forbes Drive, Glasgow, G40

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 Forbes Drive, Glasgow, G40