Average Price for property in South Vennel, Lanark, ML11 is around £71,177 e.g. average price for a flat is around 95,015. Values have been changing and have risen £798 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,680 in last 6 months, £2,219 in last 1 year, £6,898 in last 2 years, £5,478 in last 3 years, £2,675 in last 4 years and £4,344 in last 5 years.
Currently average asking price of a property in South Vennel, Lanark, ML11 is around £161,669 based on approximately 5 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £535 per month.
Estimated property value in South Vennel, Lanark, ML11 is £71,177. Average asking price is £161,669 while average price paid is £47,350 which is up by £2,219 and Avg. asking rent £535.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 Vennel, Lanark, ML11 area. In last 1 year alone average price buyer paid is around £47,350 based on approximately 5 sales in South Vennel, Lanark, ML11 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £47,468. 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 £43,113 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £53,589 per sale.