Average Price for property in Park Road, Hamilton, ML3 is around £118,168 which varies based on type of property you are interested in and ranges from £212,070 for detached house to around £220,931 for terraced house. Similarly flat is around £110,701. Values have been changing and have risen £946 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,092 in last 6 months, £4,069 in last 1 year, £10,474 in last 2 years, £8,289 in last 3 years, £4,631 in last 4 years and £8,357 in last 5 years.
Currently average asking price of a property in Park Road, Hamilton, ML3 is around £112,623 based on approximately 2 properties for sale. Same is the case with rental options based on 72 properties up for rent, average asking rent is around £528 per month.
Estimated property value in Park Road, Hamilton, ML3 is £118,168. Average asking price is £112,623 while average price paid is £77,750 which is up by £4,069 and Avg. asking rent £528.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 Park Road, Hamilton, ML3 area. In last 1 year alone average price buyer paid is around £77,750 based on approximately 2 sales in Park Road, Hamilton, ML3 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £105,380. 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 £95,020 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £103,669 per sale.