Southburn Road, Airdrie, ML6

Street Guide For Southburn Road, Airdrie, ML6

 
 

Southburn Road, Airdrie, ML6 Map

Estimated Price: £80,267
Average Asking Price: £131,887
Price change in last one year: £2,817
Average Price Paid: £46,000
Average Rent Rates: £510

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Property Prices Breakdown in Southburn Road, Airdrie, ML6

Average Price for property in Southburn Road, Airdrie, ML6 is around £80,267 e.g. average price for a flat is around 65,603. Values have been changing and have risen £888 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,871 in last 6 months, £2,817 in last 1 year, £7,640 in last 2 years, £5,833 in last 3 years, £3,004 in last 4 years and £6,183 in last 5 years.

Currently average asking price of a property in Southburn Road, Airdrie, ML6 is around £131,887 based on approximately 0 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £510 per month.

Estimated property value in Southburn Road, Airdrie, ML6 is £80,267. Average asking price is £131,887 while average price paid is £46,000 which is up by £6,183 and Avg. asking rent £510.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 Southburn Road, Airdrie, ML6 area. In last 5 years alone average price buyer paid is around £46,000 based on approximately 3 sales in Southburn Road, Airdrie, ML6 area alone. If you compare it to last 7 years sales of 4 properties where buyers paid around £52,500.

 
 
 
 

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 £57,498, £82,255 for a 2 bedroom house, £130,755 for a 3 bedroom house, £210,780 for a 4 bedroom house and £292,230 for a 5 bedroom house. For a flat similarly the prices varies from £54,491 for a single bedroom to £64,649 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £54,974. To sum up the asking prices for properties in Southburn Road, Airdrie, ML6 it comes to around average £55,242 for 1 bedroom property, £72,589 for 2 bedroom, £117,764 for 3 bedroom, £210,780 for 4 bedroom and £292,230 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 £513 for 2 bedroom to £608 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £475. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £464 and £455 for 3 bedroom. You should be generally be expecting around average £475 rent per month for single bedroom property, £470 for 2 bedroom, £503 for 3 bedroom and approximately £750 for 4 bedroom property in Southburn Road, Airdrie, ML6 area.

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.

Areas in and around Southburn Road, Airdrie, ML6