Average Price for property in Merkland Road, Coatbridge, ML5 is around £47,711 e.g. average price for semi-detached is around 52,930. Values have been changing and have risen £667 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,073 in last 6 months, £2,105 in last 1 year, £4,913 in last 2 years, £4,171 in last 3 years, £2,497 in last 4 years and £4,156 in last 5 years.
Currently average asking price of a property in Merkland Road, Coatbridge, ML5 is around £130,719 based on approximately 1 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £503 per month.
Estimated property value in Merkland Road, Coatbridge, ML5 is £47,711. Average asking price is £130,719 while average price paid is £38,000 which is up by £2,105 and Avg. asking rent £503.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 Merkland Road, Coatbridge, ML5 area. In last 1 year alone average price buyer paid is around £38,000 based on approximately 1 sales in Merkland Road, Coatbridge, ML5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £47,116. 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 £47,116 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £47,116 per sale.