Blackwood

Area Guide For Blackwood

Blackwood is a town which fringes Kirkmuirhill, close Lanark in the focal cinch of Scotland. It has a couple of little shops, several grade schools and pubs. Blackwood sits contiguous the M74 motorway - Scotland's primary blood vessel course South to England - yet remains a calm town and a much looked for after spot to remain. Blackwood is connected (and physically runs into) the neighboring town of Kirkmuirhill, to such an extent that there is no physical indication of where one begins and alternate closures. Kirkmuirhill Church of Scotland, St. John's R.C. Church and Kirkmuirhill Gospel Hall care for the profound needs of villagers, while St. John's R.C. Elementary School and Blackwood Primary School impart a notoriety for greatness in essential training. Intersection 9 of the M74 motorway brings guests to the South end of the town, however the more mainstream B7078 joins the town with Junction 8 (Canderside Toll) and the bigger town of Larkhall. In 2009 three extensive wind turbines went operational along the B7078, giving force to around 3,000 homes and part of Scotland's developing duty to renewable vitality creation.

 
 

Blackwood Map

Estimated Price: £136,144
Average Asking Price: £170,732
Price change in last one year: £1,446
Average Price Paid: £125,441
Average Rent Rates: £693

 
 

Property Prices Breakdown in Blackwood

Average Price for property in Blackwood is around £136,144 which varies based on type of property you are interested in and ranges from £207,313 for detached house to around £113,955 for semi-detached. Similarly terraced house is around £94,418 and a flat is worth £83,033. Values have been changing and have risen £110 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,754 in last 6 months, £1,446 in last 1 year, £6,733 in last 2 years, £6,395 in last 3 years, £9,739 in last 4 years and £7,891 in last 5 years.

Currently average asking price of a property in Blackwood is around £170,732 based on approximately 279 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £693 per month.

Estimated property value in Blackwood is £136,144. Average asking price is £170,732 while average price paid is £125,212 which is up by £1,446 and Avg. asking rent £693.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 Blackwood area. In last 1 year alone average price buyer paid is around £125,212 based on approximately 279 sales in Blackwood area alone. If you compare it to last 3 years sales of 893 properties where buyers paid around £126,552. 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 £125,441 for 1,425 and average amount paid for purchase of approx. 1,906 properties sold in last 7 years comes to about £125,057 per sale.

 
 

Properties For Sale in Blackwood

 
 

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 £109,666, £131,604 for a 3 bedroom house, £208,159 for a 4 bedroom house and £348,974 for a 5 bedroom house. For a flat the prices of 3 bedroom is £159,950. To sum up the asking prices for properties in Blackwood it comes to around average £109,666 for 2 bedroom property, £132,360 for 3 bedroom, £208,159 for 4 bedroom and £348,974 for 5 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 £475 for 2 bedroom to £523 for 3 bedroom, £750 for 4 bedroom and £897 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £374. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £469 and £498 for 3 bedroom. You should be generally be expecting around average £374 rent per month for single bedroom property, £473 for 2 bedroom, £521 for 3 bedroom, £750 for 4 bedroom and approximately £897 for a 5 bedroom property in Blackwood area.

Popular Houses in Blackwood

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.

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