Values have been changing and have risen £787 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,284 in last 6 months, £8,443 in last 1 year, £12,771 in last 2 years, £8,644 in last 3 years, £8,121 in last 4 years and £8,023 in last 5 years.
Currently average asking price of a property in Melrose Road, Cumbernauld, Glasgow, G67 is around £87,378 based on approximately 5 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £463 per month.
Estimated property value in Melrose Road, Cumbernauld, Glasgow, G67 is £91,941. Average asking price is £87,378 while average price paid is £81,300 which is up by £8,443 and Avg. asking rent £463.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 Road, Cumbernauld, Glasgow, G67 area. In last 1 year alone average price buyer paid is around £81,300 based on approximately 5 sales in Melrose Road, Cumbernauld, Glasgow, G67 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £67,610. 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 £69,933 for 16 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £73,170 per sale.