Values have been changing and have risen £947 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,905 in last 6 months, £3,559 in last 1 year, £6,863 in last 2 years, £6,015 in last 3 years, £3,028 in last 4 years and £5,457 in last 5 years.
Currently average asking price of a property in Logans 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 Logans Road, Motherwell, ML1 is £70,331. Average asking price is £131,389 while average price paid is £33,200 which is up by £3,559 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 Logans Road, Motherwell, ML1 area. In last 1 year alone average price buyer paid is around £33,200 based on approximately 2 sales in Logans Road, Motherwell, ML1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £53,066. 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 £58,265 for 10 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £66,080 per sale.