Muir Road, Lochgelly, KY5

Street Guide For Muir Road, Lochgelly, KY5

 

Muir Road, Lochgelly, KY5 Map

Estimated Price: £247,170
Average Asking Price: £113,483
Price change in last one year: £8,766
Average Price Paid: £190,428
Average Rent Rates: £476

 

Property Prices Breakdown in Muir Road, Lochgelly, KY5

Average Price for property in Muir Road, Lochgelly, KY5 is around £247,170 which varies based on type of property you are interested in and ranges from £267,293 for detached house to around £168,109 for semi-detached. Values have been changing and have risen £2,823 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,302 in last 6 months, £8,766 in last 1 year, £23,580 in last 2 years, £31,449 in last 3 years, £31,734 in last 4 years and £30,457 in last 5 years.

Currently average asking price of a property in Muir Road, Lochgelly, KY5 is around £113,483 based on approximately 2 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £476 per month.

Estimated property value in Muir Road, Lochgelly, KY5 is £247,170. Average asking price is £113,483 while average price paid is £182,000 which is up by £8,766 and Avg. asking rent £476.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 Muir Road, Lochgelly, KY5 area. In last 1 year alone average price buyer paid is around £182,000 based on approximately 2 sales in Muir Road, Lochgelly, KY5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £184,600. 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 £190,428 for 7 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £209,041 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 £57,000, £93,327 for a 2 bedroom house, £115,556 for a 3 bedroom house, £187,135 for a 4 bedroom house and £250,000 for a 5 bedroom house. For a flat similarly the prices varies from £79,500 for a single bedroom to £59,232 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £67,317 and £59,950 for a 4 bedroom flat. To sum up the asking prices for properties in Muir Road, Lochgelly, KY5 it comes to around average £68,250 for 1 bedroom property, £75,648 for 2 bedroom, £110,387 for 3 bedroom, £178,656 for 4 bedroom and £250,000 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 £453 for 2 bedroom to £543 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £451. You should be generally be expecting around average £351 rent per month for single bedroom property, £452 for 2 bedroom and approximately £543 for 3 bedroom property in Muir Road, Lochgelly, KY5 area.

Popular Houses in Muir Road, Lochgelly, KY5

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 Muir Road, Lochgelly, KY5