Gallowgate, Rothesay, Isle of Bute, PA20

Street Guide For Gallowgate, Rothesay, Isle of Bute, PA20

 

Gallowgate, Rothesay, Isle of Bute, PA20 Map

Estimated Price: £65,474
Average Asking Price: £134,884
Price change in last one year: £2,592
Average Price Paid: £38,035
Average Rent Rates: £360

 

Property Prices Breakdown in Gallowgate, Rothesay, Isle of Bute, PA20

Average Price for property in Gallowgate, Rothesay, Isle of Bute, PA20 is around £65,474 e.g. average price for a flat is around 60,664. Values have been changing and have risen £330 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,210 in last 6 months, £2,592 in last 1 year, £6,219 in last 2 years, £2,525 in last 3 years, £4,986 in last 4 years and £2,974 in last 5 years.

Currently average asking price of a property in Gallowgate, Rothesay, Isle of Bute, PA20 is around £134,884 based on approximately 1 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £360 per month.

Estimated property value in Gallowgate, Rothesay, Isle of Bute, PA20 is £65,474. Average asking price is £134,884 while average price paid is £20,175 which is up by £2,592 and Avg. asking rent £360.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 Gallowgate, Rothesay, Isle of Bute, PA20 area. In last 1 year alone average price buyer paid is around £20,175 based on approximately 1 sales in Gallowgate, Rothesay, Isle of Bute, PA20 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £25,058. 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 £38,035 for 5 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £37,192 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 £65,000, £129,050 for a 2 bedroom house, £162,285 for a 3 bedroom house, £269,894 for a 4 bedroom house and £318,333 for a 5 bedroom house. For a flat similarly the prices varies from £46,567 for a single bedroom to £81,682 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £106,314, £129,050 for a 4 bedroom flat and £99,000 for a 5 bedroom flat. To sum up the asking prices for properties in Gallowgate, Rothesay, Isle of Bute, PA20 it comes to around average £48,295 for 1 bedroom property, £89,577 for 2 bedroom, £130,302 for 3 bedroom, £221,327 for 4 bedroom and £263,500 for a 5 bedroom property.

But if you are interested in renting a 2 bedroom flat then rent per month can be around £360. You should be generally be expecting around average £360 rent per month for 2 bedroom property in Gallowgate, Rothesay, Isle of Bute, PA20 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 Gallowgate, Rothesay, Isle of Bute, PA20