Average Price for property in Wellgate, Lanark, ML11 is around £71,565 which varies based on type of property you are interested in and ranges from £121,766 for detached house to around £90,372 for terraced house. Similarly flat is around £40,580. Values have been changing and have risen £802 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,694 in last 6 months, £2,231 in last 1 year, £6,934 in last 2 years, £5,506 in last 3 years, £2,686 in last 4 years and £4,367 in last 5 years.
Currently average asking price of a property in Wellgate, Lanark, ML11 is around £161,669 based on approximately 3 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 Wellgate, Lanark, ML11 is £71,565. Average asking price is £161,669 while average price paid is £58,783 which is up by £2,231 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 Wellgate, Lanark, ML11 area. In last 1 year alone average price buyer paid is around £58,783 based on approximately 3 sales in Wellgate, Lanark, ML11 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £59,470. 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 £55,692 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £56,420 per sale.