Average Price for property in Motherwell is around £131,773 which varies based on type of property you are interested in and ranges from £226,214 for detached house to around £136,734 for semi-detached. Similarly terraced house is around £92,163 and a flat is worth £88,275. Values have been changing and have risen £1,665 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,754 in last 6 months, £11,191 in last 1 year, £12,652 in last 2 years, £15,000 in last 3 years, £6,662 in last 4 years and £10,813 in last 5 years.
Currently average asking price of a property in Motherwell is around £131,596 based on approximately 723 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £463 per month.
Estimated property value in Motherwell is £131,773. Average asking price is £131,596 while average price paid is £127,515 which is up by £11,191 and Avg. asking rent £463.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 Motherwell area. In last 1 year alone average price buyer paid is around £127,515 based on approximately 723 sales in Motherwell area alone. If you compare it to last 3 years sales of 2,026 properties where buyers paid around £124,904. 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 £123,385 for 3,055 and average amount paid for purchase of approx. 4,547 properties sold in last 7 years comes to about £121,087 per sale.