Average Price for property in Glenrothes is around £129,622 which varies based on type of property you are interested in and ranges from £227,645 for detached house to around £129,666 for semi-detached. Similarly terraced house is around £93,411 and a flat is worth £77,225. Values have been changing and have risen £1,502 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,293 in last 6 months, £4,687 in last 1 year, £10,056 in last 2 years, £13,980 in last 3 years, £15,430 in last 4 years and £12,719 in last 5 years.
Currently average asking price of a property in Glenrothes is around £146,405 based on approximately 627 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £505 per month.
Estimated property value in Glenrothes is £129,622. Average asking price is £146,405 while average price paid is £108,800 which is up by £4,687 and Avg. asking rent £505.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 Glenrothes area. In last 1 year alone average price buyer paid is around £108,800 based on approximately 627 sales in Glenrothes area alone. If you compare it to last 3 years sales of 1,709 properties where buyers paid around £107,817. 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 £106,802 for 2,665 and average amount paid for purchase of approx. 3,893 properties sold in last 7 years comes to about £109,541 per sale.