North Lanarkshire

Area Guide For North Lanarkshire

North Lanarkshire is one of 32 council areas of Scotland. It borders onto the northeast of the City of Glasgow and contains much of Glasgow’s suburbs and commuter towns and villages. With beautiful scenery offering a world of choice for walkers, cyclists and other outdoor enthusiasts, Lanarkshire is rich in its variety and quality of both visitor and resident attractions. For all that love to shop the town centres range from small market towns with buildings of historic interest to modern centres. Two of the five UNESCO world heritage sites in Scotland are located in Lanarkshire, New Lanark and the Antonine Wall.  

 
 

North Lanarkshire Map

Estimated Price: £119,509
Average Asking Price: £118,866
Price change in last one year: £7,787
Average Price Paid: £105,650
Average Rent Rates: £476

 
 

Property Prices Breakdown in North Lanarkshire

Average Price for property in North Lanarkshire is around £119,509 which varies based on type of property you are interested in and ranges from £209,994 for detached house to around £124,427 for semi-detached. Similarly terraced house is around £90,211 and a flat is worth £83,029. Values have been changing and have risen £1,773 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,284 in last 6 months, £7,787 in last 1 year, £13,618 in last 2 years, £12,581 in last 3 years, £7,684 in last 4 years and £10,190 in last 5 years.

Currently average asking price of a property in North Lanarkshire is around £118,866 based on approximately 2,663 properties for sale. Same is the case with rental options based on 189 properties up for rent, average asking rent is around £476 per month.

Estimated property value in North Lanarkshire is £119,509. Average asking price is £118,866 while average price paid is £108,426 which is up by £7,787 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 North Lanarkshire area. In last 1 year alone average price buyer paid is around £108,426 based on approximately 2,663 sales in North Lanarkshire area alone. If you compare it to last 3 years sales of 7,509 properties where buyers paid around £106,014. 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 £105,650 for 11,581 and average amount paid for purchase of approx. 17,929 properties sold in last 7 years comes to about £105,350 per sale.

 
 

Properties For Sale in North Lanarkshire

 
 

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 £74,540, £78,312 for a 2 bedroom house, £121,906 for a 3 bedroom house, £201,730 for a 4 bedroom house and £285,804 for a 5 bedroom house. For a flat similarly the prices varies from £53,226 for a single bedroom to £72,460 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £67,946 and £80,199 for a 4 bedroom flat. To sum up the asking prices for properties in North Lanarkshire it comes to around average £55,863 for 1 bedroom property, £75,147 for 2 bedroom, £116,907 for 3 bedroom, £198,218 for 4 bedroom and £285,804 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 £399 for 1 bedroom to £486 for 2 bedrooms, £610 for 3 bedrooms, £807 for 4 bedrooms and £1,151 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £380. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £440, £451 for 3 bedroom and £494 for 4 bedroom. You should be generally be expecting around average £381 rent per month for single bedroom property, £448 for 2 bedroom, £538 for 3 bedroom, £763 for 4 bedroom and approximately £1,150 for a 5 bedroom property in North Lanarkshire area.

Popular Houses in North Lanarkshire

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 North Lanarkshire