South Lanarkshire

Area Guide For South Lanarkshire

South Lanarkshire is one of 32 unitary authorities of Scotland. It borders the south-east of the City of Glasgow and contains some of Glasgow's suburbs. From the rural beauty of the countryside to the many towns and villages swarming with rich history. South Lanarkshire is a region filled with wild and stunning open spaces. The Clyde Valley Walkway runs down from Glasgow along the river through some beautiful countryside, to the attractive town of Lanark and the UNESCO World Hertitage Site of New Lanark, a wonderful restored 18th century mill village, as well as the lovely Falls of Clyde.

 
 

South Lanarkshire Map

Estimated Price: £143,901
Average Asking Price: £157,743
Price change in last one year: £2,262
Average Price Paid: £125,339
Average Rent Rates: £520

 
 

Property Prices Breakdown in South Lanarkshire

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.

 
 

Properties For Sale in South Lanarkshire

 
 

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 £110,276, £89,222 for a 2 bedroom house, £140,558 for a 3 bedroom house, £241,825 for a 4 bedroom house and £342,449 for a 5 bedroom house. For a flat similarly the prices varies from £54,713 for a single bedroom to £82,070 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £109,389 and £111,998 for a 4 bedroom flat. To sum up the asking prices for properties in South Lanarkshire it comes to around average £63,675 for 1 bedroom property, £85,471 for 2 bedroom, £137,997 for 3 bedroom, £238,847 for 4 bedroom and £342,449 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 £401 for 1 bedroom to £518 for 2 bedrooms, £601 for 3 bedrooms, £865 for 4 bedrooms and £1,151 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £363. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £465, £409 for 3 bedroom and £477 for 4 bedroom. You should be generally be expecting around average £366 rent per month for single bedroom property, £476 for 2 bedroom, £557 for 3 bedroom, £830 for 4 bedroom and approximately £1,150 for a 5 bedroom property in South Lanarkshire area.

Popular Houses in South Lanarkshire

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 South Lanarkshire