Average Price for property in South Lanarkshire is around £143,901 which varies based on type of property you are interested in and ranges from £242,886 for detached house to around £125,573 for semi-detached. Similarly terraced house is around £99,162 and a flat is worth £94,813. Values have been changing and have risen £322 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £290 in last 6 months, £2,262 in last 1 year, £10,560 in last 2 years, £10,811 in last 3 years, £5,105 in last 4 years and £4,282 in last 5 years.
Currently average asking price of a property in South Lanarkshire is around £157,743 based on approximately 1,826 properties for sale. Same is the case with rental options based on 162 properties up for rent, average asking rent is around £520 per month.
Estimated property value in South Lanarkshire is £143,901. Average asking price is £157,743 while average price paid is £123,724 which is up by £2,262 and Avg. asking rent £520.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 South Lanarkshire area. In last 1 year alone average price buyer paid is around £123,724 based on approximately 1,826 sales in South Lanarkshire area alone. If you compare it to last 3 years sales of 5,291 properties where buyers paid around £123,522. 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 £125,339 for 8,435 and average amount paid for purchase of approx. 12,513 properties sold in last 7 years comes to about £126,883 per sale.