Gemmell Place, Newton Mearns, Glasgow, G77

Street Guide For Gemmell Place, Newton Mearns, Glasgow, G77

 

Gemmell Place, Newton Mearns, Glasgow, G77 Map

Estimated Price: £120,141
Average Asking Price: £308,404
Price change in last one year: £10,438
Average Price Paid: £110,000
Average Rent Rates: £835

 

Property Prices Breakdown in Gemmell Place, Newton Mearns, Glasgow, G77

Average Price for property in Gemmell Place, Newton Mearns, Glasgow, G77 is around £120,141 e.g. average price for terraced house is around 129,318. Values have been changing and have risen £876 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,726 in last 6 months, £10,438 in last 1 year, £15,994 in last 2 years, £10,933 in last 3 years, £9,736 in last 4 years and £10,241 in last 5 years.

Currently average asking price of a property in Gemmell Place, Newton Mearns, Glasgow, G77 is around £308,404 based on approximately 0 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £835 per month.

Estimated property value in Gemmell Place, Newton Mearns, Glasgow, G77 is £120,141. Average asking price is £308,404 while average price paid is £109,000 which is up by £10,933 and Avg. asking rent £835.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 Gemmell Place, Newton Mearns, Glasgow, G77 area. In last 3 years alone average price buyer paid is around £109,000 based on approximately 2 sales in Gemmell Place, Newton Mearns, Glasgow, G77 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £110,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £105,750 for 4 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 £65,721, £128,438 for a 2 bedroom house, £251,444 for a 3 bedroom house, £406,591 for a 4 bedroom house and £550,292 for a 5 bedroom house. For a flat similarly the prices varies from £94,583 for a single bedroom to £208,135 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £309,284. To sum up the asking prices for properties in Gemmell Place, Newton Mearns, Glasgow, G77 it comes to around average £77,266 for 1 bedroom property, £165,630 for 2 bedroom, £276,749 for 3 bedroom, £406,591 for 4 bedroom and £550,292 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 £650 for 2 bedroom to £899 for 3 bedroom and £1,499 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £679 and £1,794 for 3 bedroom. You should be generally be expecting around average £438 rent per month for single bedroom property, £674 for 2 bedroom, £1,197 for 3 bedroom and approximately £1,500 for 5 bedroom property in Gemmell Place, Newton Mearns, Glasgow, G77 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 Gemmell Place, Newton Mearns, Glasgow, G77