Average Price for property in Lochnagar Road, Motherwell, ML1 is around £227,251 e.g. average price for detached house is around 235,196. Values have been changing and have risen £3,054 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,378 in last 6 months, £11,487 in last 1 year, £22,147 in last 2 years, £19,396 in last 3 years, £9,726 in last 4 years and £17,564 in last 5 years.
Currently average asking price of a property in Lochnagar Road, Motherwell, ML1 is around £131,389 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £459 per month.
Estimated property value in Lochnagar Road, Motherwell, ML1 is £227,251. Average asking price is £131,389 while average price paid is £212,875 which is up by £11,487 and Avg. asking rent £459.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 Lochnagar Road, Motherwell, ML1 area. In last 1 year alone average price buyer paid is around £212,875 based on approximately 2 sales in Lochnagar Road, Motherwell, ML1 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £186,427. 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 £186,784 for 16 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £195,810 per sale.