Melrose Avenue, Rutherglen, Glasgow, G73

Street Guide For Melrose Avenue, Rutherglen, Glasgow, G73

 

Melrose Avenue, Rutherglen, Glasgow, G73 Map

Estimated Price: £180,804
Average Asking Price: £131,605
Price change in last one year: £15,554
Average Price Paid: £126,103
Average Rent Rates: £538

 

Property Prices Breakdown in Melrose Avenue, Rutherglen, Glasgow, G73

Average Price for property in Melrose Avenue, Rutherglen, Glasgow, G73 is around £180,804 which varies based on type of property you are interested in and ranges from £277,430 for detached house to around £257,459 for semi-detached. Similarly terraced house is around £280,723 and a flat is worth £147,140. Values have been changing and have risen £1,738 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,145 in last 6 months, £15,554 in last 1 year, £24,155 in last 2 years, £16,543 in last 3 years, £14,154 in last 4 years and £13,231 in last 5 years.

Currently average asking price of a property in Melrose Avenue, Rutherglen, Glasgow, G73 is around £131,605 based on approximately 3 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £538 per month.

Estimated property value in Melrose Avenue, Rutherglen, Glasgow, G73 is £180,804. Average asking price is £131,605 while average price paid is £122,683 which is up by £15,554 and Avg. asking rent £538.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 Melrose Avenue, Rutherglen, Glasgow, G73 area. In last 1 year alone average price buyer paid is around £122,683 based on approximately 3 sales in Melrose Avenue, Rutherglen, Glasgow, G73 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £117,205. 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 £126,103 for 15 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £144,141 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 £85,099, £90,529 for a 2 bedroom house, £169,374 for a 3 bedroom house, £272,249 for a 4 bedroom house and £303,333 for a 5 bedroom house. For a flat similarly the prices varies from £67,674 for a single bedroom to £91,702 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £85,832. To sum up the asking prices for properties in Melrose Avenue, Rutherglen, Glasgow, G73 it comes to around average £71,305 for 1 bedroom property, £91,311 for 2 bedroom, £129,802 for 3 bedroom, £272,249 for 4 bedroom and £303,333 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 £587 for 2 bedroom to £724 for 3 bedroom and £975 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £414. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £490 and £572 for 3 bedroom. You should be generally be expecting around average £414 rent per month for single bedroom property, £502 for 2 bedroom, £623 for 3 bedroom and approximately £975 for 4 bedroom property in Melrose Avenue, Rutherglen, Glasgow, G73 area.

Popular Houses in Melrose Avenue, Rutherglen, Glasgow, G73

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 Melrose Avenue, Rutherglen, Glasgow, G73