Langholm

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Area Guide For Langholm

Langholm, additionally referred to casually as the "Muckle Toun", is a burgh in Dumfries and Galloway, Scotland, on the Waterway Esk and the A7 street. The town became around the material business, however is currently best known as the origin of Hugh MacDiarmid and Thomas Telford. The populace in 2001 was 2,311. The town was an imperative place for the Outskirt Reivers. A branch of the Carlisle to Hawick railway line to Langholm was finished in 1864, however shut after 100 years. The last standard traveler train was on 13 June 1964, despite the fact that an exceptional ran in Walk 1967 - complete with restaurant auto; the cargo administration proceeded until September 1967. The X95/95 transport line goes through Langholm. The A7 street goes through the town.

 
 

Langholm Map

Estimated Price: £157,899
Average Asking Price: £240,656
Price change in last one year: £7,660
Average Price Paid: £119,225
Average Rent Rates: --

 
 

Property Prices Breakdown in Langholm

Average Price for property in Langholm is around £157,899 which varies based on type of property you are interested in and ranges from £408,405 for detached house to around £131,131 for semi-detached. Similarly terraced house is around £125,645 and a flat is worth £103,843. Values have been changing and have risen £1,385 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,982 in last 6 months, £7,660 in last 1 year, £13,133 in last 2 years, £5,943 in last 3 years, £12,063 in last 4 years and £7,837 in last 5 years.

Currently average asking price of a property in Langholm is around £240,656 based on approximately 27 properties for sale.

Estimated property value in Langholm is £157,899. Average asking price is £240,656 while average price paid is £105,611 which is up by £7,660.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 Langholm area. In last 1 year alone average price buyer paid is around £105,611 based on approximately 27 sales in Langholm area alone. If you compare it to last 3 years sales of 95 properties where buyers paid around £125,692. 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 £119,225 for 144 and average amount paid for purchase of approx. 212 properties sold in last 7 years comes to about £120,844 per sale.

 
 

Properties For Sale in Langholm

 
 

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 £15,000, £143,333 for a 2 bedroom house, £166,999 for a 3 bedroom house, £231,500 for a 4 bedroom house and £228,000 for a 5 bedroom house. For a flat similarly the prices varies from £69,500 for a 2 bedroom to £65,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Langholm it comes to around average £15,000 for 1 bedroom property, £124,875 for 2 bedroom, £149,999 for 3 bedroom, £231,500 for 4 bedroom and £228,000 for a 5 bedroom property.

Popular Houses in Langholm

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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