Values have been changing and have risen £841 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,580 in last 6 months, £2,612 in last 1 year, £7,026 in last 2 years, £9,372 in last 3 years, £9,461 in last 4 years and £9,084 in last 5 years.
Currently average asking price of a property in Paul Street, Lochgelly, KY5 is around £113,483 based on approximately 3 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £476 per month.
Estimated property value in Paul Street, Lochgelly, KY5 is £73,546. Average asking price is £113,483 while average price paid is £96,666 which is up by £2,612 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 Paul Street, Lochgelly, KY5 area. In last 1 year alone average price buyer paid is around £96,666 based on approximately 3 sales in Paul Street, Lochgelly, KY5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £89,200. 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 £69,904 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £67,986 per sale.