Average Price for property in Lockerbie is around £171,925 which varies based on type of property you are interested in and ranges from £246,162 for detached house to around £136,298 for semi-detached. Similarly terraced house is around £117,897 and a flat is worth £99,426. Values have been changing and have risen £1,493 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,296 in last 6 months, £8,266 in last 1 year, £14,170 in last 2 years, £6,409 in last 3 years, £13,013 in last 4 years and £8,453 in last 5 years.
Currently average asking price of a property in Lockerbie is around £239,345 based on approximately 103 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £480 per month.
Estimated property value in Lockerbie is £171,925. Average asking price is £239,345 while average price paid is £141,979 which is up by £8,266 and Avg. asking rent £480.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 Lockerbie area. In last 1 year alone average price buyer paid is around £141,979 based on approximately 103 sales in Lockerbie area alone. If you compare it to last 3 years sales of 362 properties where buyers paid around £151,069. 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 £147,366 for 571 and average amount paid for purchase of approx. 844 properties sold in last 7 years comes to about £146,802 per sale.