Average Price for property in Macinnes Drive, Newarthill, Motherwell, ML1 is around £284,122 e.g. average price for detached house is around 290,719. Values have been changing and have risen £3,818 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,725 in last 6 months, £14,361 in last 1 year, £27,689 in last 2 years, £24,245 in last 3 years, £12,155 in last 4 years and £21,952 in last 5 years.
Currently average asking price of a property in Macinnes Drive, Newarthill, Motherwell, ML1 is around £131,389 based on approximately 1 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 Macinnes Drive, Newarthill, Motherwell, ML1 is £284,122. Average asking price is £131,389 while average price paid is £210,000 which is up by £14,361 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 Macinnes Drive, Newarthill, Motherwell, ML1 area. In last 1 year alone average price buyer paid is around £210,000 based on approximately 1 sales in Macinnes Drive, Newarthill, Motherwell, ML1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £246,250. 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 £239,000 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £252,500 per sale.