Glen Farrar Way, Kilmarnock, KA2

Street Guide For Glen Farrar Way, Kilmarnock, KA2

 

Glen Farrar Way, Kilmarnock, KA2 Map

Estimated Price: £220,674
Average Asking Price: £150,997
Price change in last one year: £7,490
Average Price Paid: £178,408
Average Rent Rates: £568

 

Property Prices Breakdown in Glen Farrar Way, Kilmarnock, KA2

Average Price for property in Glen Farrar Way, Kilmarnock, KA2 is around £220,674 e.g. average price for detached house is around 228,622. Values have been changing and have risen £404 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,529 in last 6 months, £7,490 in last 1 year, £20,340 in last 2 years, £16,787 in last 3 years, £12,008 in last 4 years and £7,438 in last 5 years.

Currently average asking price of a property in Glen Farrar Way, Kilmarnock, KA2 is around £150,997 based on approximately 1 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £568 per month.

Estimated property value in Glen Farrar Way, Kilmarnock, KA2 is £220,674. Average asking price is £150,997 while average price paid is £145,000 which is up by £7,490 and Avg. asking rent £568.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 Glen Farrar Way, Kilmarnock, KA2 area. In last 1 year alone average price buyer paid is around £145,000 based on approximately 1 sales in Glen Farrar Way, Kilmarnock, KA2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £147,613. 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 £178,408 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £201,306 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 2 bedroom is around £109,800, £108,738 for a 3 bedroom house and £207,899 for a 4 bedroom house. For a flat similarly the prices varies from £52,498 for a single bedroom to £132,333 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £210,000. To sum up the asking prices for properties in Glen Farrar Way, Kilmarnock, KA2 it comes to around average £52,498 for 1 bedroom property, £118,250 for 2 bedroom, £128,990 for 3 bedroom and £207,899 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 can vary from £451 for 2 bedroom to £802 for 4 bedroom. You should be generally be expecting around average £451 rent per month for 2 bedroom property and approximately £802 for 4 bedroom property in Glen Farrar Way, Kilmarnock, KA2 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 Glen Farrar Way, Kilmarnock, KA2