Values have been changing and have risen £575 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,879 in last 6 months, £2,473 in last 1 year, £6,365 in last 2 years, £5,041 in last 3 years, £2,822 in last 4 years and £5,086 in last 5 years.
Currently average asking price of a property in Millgate Road, Hamilton, ML3 is around £112,623 based on approximately 3 properties for sale. Same is the case with rental options based on 72 properties up for rent, average asking rent is around £528 per month.
Estimated property value in Millgate Road, Hamilton, ML3 is £71,720. Average asking price is £112,623 while average price paid is £54,328 which is up by £2,473 and Avg. asking rent £528.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 Millgate Road, Hamilton, ML3 area. In last 1 year alone average price buyer paid is around £54,328 based on approximately 3 sales in Millgate Road, Hamilton, ML3 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £57,378. 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 £56,260 for 15 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £61,090 per sale.