Paisley

Area Guide For Paisley

Paisley is the biggest town in the noteworthy province of Renfrewshire in the west focal Lowlands of Scotland and serves as the regulatory community for the Renfrewshire gathering region. The town is arranged on the northern edge of the Gleniffer Braes, straddling the banks of the White Cart Water, a tributary of the River Clyde.

The town, a previous burgh, structures some piece of a touching urban territory with Glasgow, Glasgow City Centre being 6.9 miles to the east. The town came to conspicuousness with the foundation of Paisley Abbey in the twelfth century, an imperative religious centre point in medieval Scotland which once had control over alternate temples in the neighbourhood.

 
 

Paisley Map

Estimated Price: £132,197
Average Asking Price: £93,977
Price change in last one year: £10,383
Average Price Paid: £112,712
Average Rent Rates: £471

 
 

Property Prices Breakdown in Paisley

Average Price for property in Paisley is around £132,197 which varies based on type of property you are interested in and ranges from £252,797 for detached house to around £153,586 for semi-detached. Similarly terraced house is around £107,160 and a flat is worth £97,077. Values have been changing and have risen £403 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,482 in last 6 months, £10,383 in last 1 year, £17,187 in last 2 years, £9,146 in last 3 years, £14,542 in last 4 years and £6,794 in last 5 years.

Currently average asking price of a property in Paisley is around £93,977 based on approximately 1,013 properties for sale. Same is the case with rental options based on 224 properties up for rent, average asking rent is around £471 per month.

Estimated property value in Paisley is £132,197. Average asking price is £93,977 while average price paid is £116,043 which is up by £10,383 and Avg. asking rent £471.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 Paisley area. In last 1 year alone average price buyer paid is around £116,043 based on approximately 1,013 sales in Paisley area alone. If you compare it to last 3 years sales of 2,719 properties where buyers paid around £110,098. 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 £112,712 for 4,157 and average amount paid for purchase of approx. 6,398 properties sold in last 7 years comes to about £115,606 per sale.

 
 

Properties For Sale in Paisley

 
 

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 £58,220, £85,342 for a 2 bedroom house, £135,797 for a 3 bedroom house, £242,235 for a 4 bedroom house and £321,427 for a 5 bedroom house. For a flat similarly the prices varies from £51,376 for a single bedroom to £66,148 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £81,184, £219,000 for a 4 bedroom flat and £119,995 for a 5 bedroom flat. To sum up the asking prices for properties in Paisley it comes to around average £51,907 for 1 bedroom property, £70,564 for 2 bedroom, £117,401 for 3 bedroom, £241,640 for 4 bedroom and £296,248 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 £496 for 2 bedroom to £714 for 3 bedroom and £877 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £348. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £446, £516 for 3 bedroom and £750 for 4 bedroom. You should be generally be expecting around average £348 rent per month for single bedroom property, £448 for 2 bedroom, £601 for 3 bedroom and approximately £861 for 4 bedroom property in Paisley area.

Popular Houses in Paisley

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.

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