The Cottages, Auchlochan, Lesmahagow, Lanark, ML11

Street Guide For The Cottages, Auchlochan, Lesmahagow, Lanark, ML11

 

The Cottages, Auchlochan, Lesmahagow, Lanark, ML11 Map

Estimated Price: £184,356
Average Asking Price: £161,669
Price change in last one year: £5,736
Average Price Paid: £181,353
Average Rent Rates: £535

 

Property Prices Breakdown in The Cottages, Auchlochan, Lesmahagow, Lanark, ML11

Average Price for property in The Cottages, Auchlochan, Lesmahagow, Lanark, ML11 is around £184,356 e.g. average price for detached house is around 200,075. Values have been changing and have risen £2,064 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,936 in last 6 months, £5,736 in last 1 year, £17,844 in last 2 years, £14,156 in last 3 years, £6,884 in last 4 years and £11,201 in last 5 years.

Currently average asking price of a property in The Cottages, Auchlochan, Lesmahagow, Lanark, ML11 is around £161,669 based on approximately 1 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 The Cottages, Auchlochan, Lesmahagow, Lanark, ML11 is £184,356. Average asking price is £161,669 while average price paid is £190,000 which is up by £5,736 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 The Cottages, Auchlochan, Lesmahagow, Lanark, ML11 area. In last 1 year alone average price buyer paid is around £190,000 based on approximately 1 sales in The Cottages, Auchlochan, Lesmahagow, Lanark, ML11 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £187,069. 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 £181,353 for 25 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £180,704 per sale.

 
 

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 £150,491, £81,510 for a 2 bedroom house, £141,897 for a 3 bedroom house, £224,403 for a 4 bedroom house and £323,086 for a 5 bedroom house. For a flat similarly the prices varies from £63,047 for a single bedroom to £80,895 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £91,060. To sum up the asking prices for properties in The Cottages, Auchlochan, Lesmahagow, Lanark, ML11 it comes to around average £83,226 for 1 bedroom property, £81,255 for 2 bedroom, £137,910 for 3 bedroom, £224,403 for 4 bedroom and £323,086 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 £497 for 2 bedroom to £587 for 3 bedroom, £831 for 4 bedroom and £1,151 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £357. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £395, £481 for 3 bedroom and £477 for 4 bedroom. You should be generally be expecting around average £357 rent per month for single bedroom property, £433 for 2 bedroom, £561 for 3 bedroom, £780 for 4 bedroom and approximately £1,150 for a 5 bedroom property in The Cottages, Auchlochan, Lesmahagow, Lanark, ML11 area.

Popular Houses in The Cottages, Auchlochan, Lesmahagow, Lanark, ML11

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 The Cottages, Auchlochan, Lesmahagow, Lanark, ML11