Lorraine Gardens, Glasgow, G12

Street Guide For Lorraine Gardens, Glasgow, G12

 

Lorraine Gardens, Glasgow, G12 Map

Estimated Price: £433,045
Average Asking Price: £194,865
Price change in last one year: £38,868
Average Price Paid: £185,000
Average Rent Rates: £1,040

 

Property Prices Breakdown in Lorraine Gardens, Glasgow, G12

Average Price for property in Lorraine Gardens, Glasgow, G12 is around £433,045 which varies based on type of property you are interested in and ranges from £254,401 for terraced house to around £289,526 for a flat. Values have been changing and have risen £4,580 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,841 in last 6 months, £38,868 in last 1 year, £57,069 in last 2 years, £43,974 in last 3 years, £33,540 in last 4 years and £36,114 in last 5 years.

Currently average asking price of a property in Lorraine Gardens, Glasgow, G12 is around £194,865 based on approximately 0 properties for sale. Same is the case with rental options based on 72 properties up for rent, average asking rent is around £1,040 per month.

Estimated property value in Lorraine Gardens, Glasgow, G12 is £433,045. Average asking price is £194,865 while average price paid is £220,000 which is up by £43,974 and Avg. asking rent £1,040.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 Lorraine Gardens, Glasgow, G12 area. In last 3 years alone average price buyer paid is around £220,000 based on approximately 1 sales in Lorraine Gardens, Glasgow, G12 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £185,000. 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 £228,375 for 8 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 £149,000, £127,000 for a 2 bedroom house, £189,333 for a 3 bedroom house and £265,000 for a 5 bedroom house. For a flat similarly the prices varies from £119,438 for a single bedroom to £167,844 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £248,394 and £287,571 for a 4 bedroom flat. To sum up the asking prices for properties in Lorraine Gardens, Glasgow, G12 it comes to around average £122,722 for 1 bedroom property, £165,028 for 2 bedroom, £240,340 for 3 bedroom, £287,571 for 4 bedroom and £265,000 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 £1,198 for 2 bedroom to £1,450 for 3 bedroom, £2,498 for 4 bedroom and £2,251 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £605. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £880, £1,244 for 3 bedroom and £1,437 for 4 bedroom. You should be generally be expecting around average £604 rent per month for single bedroom property, £896 for 2 bedroom, £1,275 for 3 bedroom, £1,790 for 4 bedroom and approximately £2,251 for a 5 bedroom property in Lorraine Gardens, Glasgow, G12 area.

Popular Houses in Lorraine Gardens, Glasgow, G12

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 Lorraine Gardens, Glasgow, G12