Bellshill

Area Guide For Bellshill

Bellshill is a town in North Lanarkshire, Scotland, 10 miles south east of Glasgow downtown area and 37 miles west of Edinburgh. Other close-by towns are Motherwell 2 miles and Hamilton 3 miles. Since 1996, it has been arranged in the Greater Glasgow metropolitan zone. The town has a populace of 20,705. The soonest record of settlement in the Bellshill range is a town called Belmill, recorded on a guide by Timothy Pont distributed in 1654. The town comprised of a line of quarry laborers' homes claimed by Mr. Ringer, who claimed a stone quarry to the south of Belmill. After the quarry shut, the town vanished and a settlement grew close-by called Crossgates. Around 1810, this new settlement tackled the name Bellshill and kept on growwing engrossing close-by towns, for example, Black Moss, Sykehead and Nesnas.

 
 

Bellshill Map

Estimated Price: £106,184
Average Asking Price: £90,819
Price change in last one year: £3,492
Average Price Paid: £89,077
Average Rent Rates: £460

 
 

Property Prices Breakdown in Bellshill

Average Price for property in Bellshill is around £106,184 which varies based on type of property you are interested in and ranges from £194,104 for detached house to around £118,706 for semi-detached. Similarly terraced house is around £86,883 and a flat is worth £75,766. Values have been changing and have risen £483 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,858 in last 6 months, £3,492 in last 1 year, £9,612 in last 2 years, £7,670 in last 3 years, £3,465 in last 4 years and £8,814 in last 5 years.

Currently average asking price of a property in Bellshill is around £90,819 based on approximately 242 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £460 per month.

Estimated property value in Bellshill is £106,184. Average asking price is £90,819 while average price paid is £88,147 which is up by £3,492 and Avg. asking rent £460.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 Bellshill area. In last 1 year alone average price buyer paid is around £88,147 based on approximately 242 sales in Bellshill area alone. If you compare it to last 3 years sales of 656 properties where buyers paid around £89,985. 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 £89,077 for 1,008 and average amount paid for purchase of approx. 1,546 properties sold in last 7 years comes to about £90,402 per sale.

 
 

Properties For Sale in Bellshill

 
 

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 1 bedroom is around £67,000, £75,439 for a 2 bedroom house, £124,381 for a 3 bedroom house, £148,561 for a 4 bedroom house and £120,000 for a 5 bedroom house. For a flat similarly the prices varies from £39,437 for a single bedroom to £71,070 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £59,999 and £72,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bellshill it comes to around average £41,058 for 1 bedroom property, £72,797 for 2 bedroom, £122,542 for 3 bedroom, £140,054 for 4 bedroom and £120,000 for a 5 bedroom property.

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 £477 for 2 bedroom to £666 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £349. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £454 and £494 for 4 bedroom. You should be generally be expecting around average £349 rent per month for single bedroom property, £456 for 2 bedroom, £666 for 3 bedroom and approximately £622 for 4 bedroom property in Bellshill area.

Popular Houses in Bellshill

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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