Newlands Drive, Kilmarnock, KA3

Street Guide For Newlands Drive, Kilmarnock, KA3

 

Newlands Drive, Kilmarnock, KA3 Map

Estimated Price: £59,292
Average Asking Price: £176,711
Price change in last one year: £2,718
Average Price Paid: £44,666
Average Rent Rates: £537

 

Property Prices Breakdown in Newlands Drive, Kilmarnock, KA3

Average Price for property in Newlands Drive, Kilmarnock, KA3 is around £59,292 which varies based on type of property you are interested in and ranges from £53,319 for semi-detached to around £64,243 for terraced house. Values have been changing and have risen £96 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £889 in last 6 months, £2,718 in last 1 year, £5,568 in last 2 years, £4,656 in last 3 years, £3,835 in last 4 years and £1,745 in last 5 years.

Currently average asking price of a property in Newlands Drive, Kilmarnock, KA3 is around £176,711 based on approximately 2 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £537 per month.

Estimated property value in Newlands Drive, Kilmarnock, KA3 is £59,292. Average asking price is £176,711 while average price paid is £44,500 which is up by £2,718 and Avg. asking rent £537.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 Newlands Drive, Kilmarnock, KA3 area. In last 1 year alone average price buyer paid is around £44,500 based on approximately 2 sales in Newlands Drive, Kilmarnock, KA3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £44,500. 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 £44,666 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £44,666 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 £56,163, £75,508 for a 2 bedroom house, £127,902 for a 3 bedroom house, £233,671 for a 4 bedroom house and £414,207 for a 5 bedroom house. For a flat similarly the prices varies from £60,356 for a single bedroom to £86,978 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £84,899. To sum up the asking prices for properties in Newlands Drive, Kilmarnock, KA3 it comes to around average £59,098 for 1 bedroom property, £80,843 for 2 bedroom, £124,594 for 3 bedroom, £233,671 for 4 bedroom and £414,207 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 £489 for 2 bedroom to £572 for 3 bedroom and £731 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £360. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £469, £371 for 3 bedroom and £793 for 4 bedroom. You should be generally be expecting around average £360 rent per month for single bedroom property, £481 for 2 bedroom, £541 for 3 bedroom and approximately £746 for 4 bedroom property in Newlands Drive, Kilmarnock, KA3 area.

Popular Houses in Newlands Drive, Kilmarnock, KA3

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 Newlands Drive, Kilmarnock, KA3