Shotts

Area Guide For Shotts

Shotts is a little country town in North Lanarkshire, Scotland. It is found pretty much part of the way in the middle of Glasgow and Edinburgh. At the 2001 enumeration, the populace was 8,235. A neighborhood story has Shotts being named after the unbelievable goliath Bertram de Shotts, however toponymics give the Anglo-Saxon determined "sceots" as the genuine wellspring of the name. 

Shotts was known for its mining and ironworks. In the years paving the way to World War II there were 22 coal mines in the territory, however the final one of these shut in the 1960s. 

Shotts is the home of the previous best on the planet funnel band, the House of Edgar Shotts and Dykehead Pipe Band.

 
 

Shotts Map

Estimated Price: £100,364
Average Asking Price: £101,752
Price change in last one year: £3,223
Average Price Paid: £78,617
Average Rent Rates: £457

 
 

Property Prices Breakdown in Shotts

Average Price for property in Shotts is around £100,364 which varies based on type of property you are interested in and ranges from £188,780 for detached house to around £97,861 for semi-detached. Similarly terraced house is around £80,636 and a flat is worth £78,266. Values have been changing and have risen £446 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,715 in last 6 months, £3,223 in last 1 year, £8,871 in last 2 years, £7,079 in last 3 years, £3,198 in last 4 years and £8,136 in last 5 years.

Currently average asking price of a property in Shotts is around £101,752 based on approximately 138 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £457 per month.

Estimated property value in Shotts is £100,364. Average asking price is £101,752 while average price paid is £79,248 which is up by £3,223 and Avg. asking rent £457.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 Shotts area. In last 1 year alone average price buyer paid is around £79,248 based on approximately 138 sales in Shotts area alone. If you compare it to last 3 years sales of 394 properties where buyers paid around £79,905. 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 £78,617 for 621 and average amount paid for purchase of approx. 993 properties sold in last 7 years comes to about £82,112 per sale.

 
 

Properties For Sale in Shotts

 
 

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 £55,000, £76,340 for a 2 bedroom house, £106,288 for a 3 bedroom house, £197,490 for a 4 bedroom house and £290,749 for a 5 bedroom house. For a flat similarly the prices varies from £47,499 for a single bedroom to £69,874 for a 2 bedroom Flat. To sum up the asking prices for properties in Shotts it comes to around average £49,999 for 1 bedroom property, £74,772 for 2 bedroom, £106,288 for 3 bedroom, £197,490 for 4 bedroom and £290,749 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 £506 for 2 bedroom to £514 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £377. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £349. You should be generally be expecting around average £377 rent per month for single bedroom property, £443 for 2 bedroom and approximately £514 for 3 bedroom property in Shotts area.

Popular Houses in Shotts

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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