Average Price for property in Redwood Road, Motherwell, ML1 is around £62,124 e.g. average price for semi-detached is around 80,393. Values have been changing and have risen £836 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,566 in last 6 months, £3,145 in last 1 year, £6,063 in last 2 years, £5,314 in last 3 years, £2,676 in last 4 years and £4,822 in last 5 years.
Currently average asking price of a property in Redwood Road, Motherwell, ML1 is around £131,389 based on approximately 3 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £459 per month.
Estimated property value in Redwood Road, Motherwell, ML1 is £62,124. Average asking price is £131,389 while average price paid is £46,333 which is up by £3,145 and Avg. asking rent £459.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 Road, Motherwell, ML1 area. In last 1 year alone average price buyer paid is around £46,333 based on approximately 3 sales in Redwood Road, Motherwell, ML1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £48,250. 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 £48,250 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £51,000 per sale.