Average Price for property in Lochgelly is around £108,544 which varies based on type of property you are interested in and ranges from £183,088 for detached house to around £103,541 for semi-detached. Similarly terraced house is around £84,931 and a flat is worth £69,740. Values have been changing and have risen £1,153 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,900 in last 6 months, £4,782 in last 1 year, £12,191 in last 2 years, £15,509 in last 3 years, £15,243 in last 4 years and £13,835 in last 5 years.
Currently average asking price of a property in Lochgelly is around £113,483 based on approximately 192 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £476 per month.
Estimated property value in Lochgelly is £108,544. Average asking price is £113,483 while average price paid is £94,309 which is up by £4,782 and Avg. asking rent £476.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 Lochgelly area. In last 1 year alone average price buyer paid is around £94,309 based on approximately 192 sales in Lochgelly area alone. If you compare it to last 3 years sales of 587 properties where buyers paid around £95,992. 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 £98,081 for 948 and average amount paid for purchase of approx. 1,458 properties sold in last 7 years comes to about £103,683 per sale.