Average Price for property in Motherwell, ML1 is around £236,547 e.g. average price for a flat is around 236,547. Values have been changing and have risen £3,178 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,761 in last 6 months, £11,957 in last 1 year, £23,053 in last 2 years, £20,189 in last 3 years, £10,122 in last 4 years and £18,280 in last 5 years.
Currently average asking price of a property in Motherwell, ML1 is around £131,389 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £459 per month.
Estimated property value in Motherwell, ML1 is £236,547. Average asking price is £131,389 while average price paid is £96,500 which is up by £11,957 and Avg. asking rent £459.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 Motherwell, ML1 area. In last 1 year alone average price buyer paid is around £96,500 based on approximately 2 sales in Motherwell, ML1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £77,050. 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 £98,957 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £89,445 per sale.