Average Price for property in Hill Terrace, Motherwell, ML1 is around £72,855 e.g. average price for semi-detached is around 66,646. Values have been changing and have risen £980 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,008 in last 6 months, £3,686 in last 1 year, £7,109 in last 2 years, £6,231 in last 3 years, £3,134 in last 4 years and £5,650 in last 5 years.
Currently average asking price of a property in Hill Terrace, Motherwell, ML1 is around £131,389 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £459 per month.
Estimated property value in Hill Terrace, Motherwell, ML1 is £72,855. Average asking price is £131,389 while average price paid is £55,800 which is up by £3,686 and Avg. asking rent £459.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 Hill Terrace, Motherwell, ML1 area. In last 1 year alone average price buyer paid is around £55,800 based on approximately 2 sales in Hill Terrace, Motherwell, ML1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £61,200. 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 £64,275 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £64,275 per sale.