Average Price for property in Redwood Lane, Hamilton, ML3 is around £108,343 e.g. average price for a flat is around 108,343. Values have been changing and have risen £868 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,836 in last 6 months, £3,734 in last 1 year, £9,608 in last 2 years, £7,610 in last 3 years, £4,256 in last 4 years and £7,675 in last 5 years.
Currently average asking price of a property in Redwood Lane, Hamilton, ML3 is around £112,623 based on approximately 3 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 Redwood Lane, Hamilton, ML3 is £108,343. Average asking price is £112,623 while average price paid is £86,666 which is up by £3,734 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 Redwood Lane, Hamilton, ML3 area. In last 1 year alone average price buyer paid is around £86,666 based on approximately 3 sales in Redwood Lane, Hamilton, ML3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £87,500. 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 £86,833 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £96,545 per sale.