Nethermill Road, Lochmaben, Lockerbie, DG11

Street Guide For Nethermill Road, Lochmaben, Lockerbie, DG11

 

Nethermill Road, Lochmaben, Lockerbie, DG11 Map

Estimated Price: £221,094
Average Asking Price: £239,345
Price change in last one year: £9,789
Average Price Paid: £290,000
Average Rent Rates: £480

 

Property Prices Breakdown in Nethermill Road, Lochmaben, Lockerbie, DG11

Average Price for property in Nethermill Road, Lochmaben, Lockerbie, DG11 is around £221,094 which varies based on type of property you are interested in and ranges from £328,988 for detached house to around £113,201 for terraced house. Values have been changing and have risen £2,194 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,278 in last 6 months, £9,789 in last 1 year, £16,812 in last 2 years, £4,229 in last 3 years, £14,759 in last 4 years and £8,077 in last 5 years.

Currently average asking price of a property in Nethermill Road, Lochmaben, Lockerbie, DG11 is around £239,345 based on approximately 0 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 Nethermill Road, Lochmaben, Lockerbie, DG11 is £221,094. Average asking price is £239,345 while average price paid is £290,000 which is up by £4,229 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 Nethermill Road, Lochmaben, Lockerbie, DG11 area. In last 3 years alone average price buyer paid is around £290,000 based on approximately 1 sales in Nethermill Road, Lochmaben, Lockerbie, DG11 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £290,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £205,000 for 2 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 Nethermill Road, 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 Nethermill Road, 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 Nethermill Road, Lochmaben, Lockerbie, DG11