Lightlands Terrace, Wigtown, Newton Stewart, DG8

Street Guide For Lightlands Terrace, Wigtown, Newton Stewart, DG8

 

Lightlands Terrace, Wigtown, Newton Stewart, DG8 Map

Estimated Price: £67,346
Average Asking Price: £179,820
Price change in last one year: £2,985
Average Price Paid: £34,000
Average Rent Rates: £442

 

Property Prices Breakdown in Lightlands Terrace, Wigtown, Newton Stewart, DG8

Average Price for property in Lightlands Terrace, Wigtown, Newton Stewart, DG8 is around £67,346 e.g. average price for semi-detached is around 127,315. Values have been changing and have risen £669 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,913 in last 6 months, £2,985 in last 1 year, £5,128 in last 2 years, £1,299 in last 3 years, £4,512 in last 4 years and £2,482 in last 5 years.

Currently average asking price of a property in Lightlands Terrace, Wigtown, Newton Stewart, DG8 is around £179,820 based on approximately 0 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £442 per month.

Estimated property value in Lightlands Terrace, Wigtown, Newton Stewart, DG8 is £67,346. Average asking price is £179,820 while average price paid is £34,000 which is up by £1,299 and Avg. asking rent £442.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 Lightlands Terrace, Wigtown, Newton Stewart, DG8 area. In last 3 years alone average price buyer paid is around £34,000 based on approximately 1 sales in Lightlands Terrace, Wigtown, Newton Stewart, DG8 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £34,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £34,400 for 2 per sale.

 
 

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 £96,153, £113,801 for a 2 bedroom house, £168,566 for a 3 bedroom house, £249,111 for a 4 bedroom house and £220,038 for a 5 bedroom house. For a flat similarly the prices varies from £54,300 for a single bedroom to £85,900 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £122,500. To sum up the asking prices for properties in Lightlands Terrace, Wigtown, Newton Stewart, DG8 it comes to around average £77,956 for 1 bedroom property, £110,630 for 2 bedroom, £167,743 for 3 bedroom, £249,111 for 4 bedroom and £220,038 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 £385 for 2 bedroom to £432 for 3 bedroom and £623 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £406. You should be generally be expecting around average £391 rent per month for 2 bedroom property, £432 for 3 bedroom and approximately £623 for 4 bedroom property in Lightlands Terrace, Wigtown, Newton Stewart, DG8 area.

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.

Areas in and around Lightlands Terrace, Wigtown, Newton Stewart, DG8