Merton Court, Lochmaben, Lockerbie, DG11

Street Guide For Merton Court, Lochmaben, Lockerbie, DG11

 

Merton Court, Lochmaben, Lockerbie, DG11 Map

Estimated Price: £175,965
Average Asking Price: £239,345
Price change in last one year: £7,793
Average Price Paid: £168,500
Average Rent Rates: £480

 

Property Prices Breakdown in Merton Court, Lochmaben, Lockerbie, DG11

Average Price for property in Merton Court, Lochmaben, Lockerbie, DG11 is around £175,965 e.g. average price for detached house is around 172,346. Values have been changing and have risen £1,747 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,998 in last 6 months, £7,793 in last 1 year, £13,383 in last 2 years, £3,371 in last 3 years, £11,754 in last 4 years and £6,435 in last 5 years.

Currently average asking price of a property in Merton Court, Lochmaben, Lockerbie, DG11 is around £239,345 based on approximately 2 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £480 per month.

Estimated property value in Merton Court, Lochmaben, Lockerbie, DG11 is £175,965. Average asking price is £239,345 while average price paid is £171,250 which is up by £7,793 and Avg. asking rent £480.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 Merton Court, Lochmaben, Lockerbie, DG11 area. In last 1 year alone average price buyer paid is around £171,250 based on approximately 2 sales in Merton Court, Lochmaben, Lockerbie, DG11 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £168,500. 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 £168,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £167,600 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 £92,475, £132,446 for a 2 bedroom house, £173,066 for a 3 bedroom house, £262,892 for a 4 bedroom house and £386,106 for a 5 bedroom house. For a flat similarly the prices varies from £63,000 for a single bedroom to £73,600 for a 2 bedroom Flat. To sum up the asking prices for properties in Merton Court, Lochmaben, Lockerbie, DG11 it comes to around average £82,650 for 1 bedroom property, £123,792 for 2 bedroom, £173,066 for 3 bedroom, £262,892 for 4 bedroom and £386,106 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 £325 for 1 bedroom to £423 for 2 bedroom and £750 for 5 bedroom. You should be generally be expecting around average £325 rent per month for single bedroom property, £422 for 2 bedroom and approximately £750 for 5 bedroom property in Merton Court, Lochmaben, Lockerbie, DG11 area.

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 Merton Court, Lochmaben, Lockerbie, DG11