Average Price for property in Wellwood Avenue, Lanark, ML11 is around £71,117 e.g. average price for terraced house is around 72,041. Values have been changing and have risen £797 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,679 in last 6 months, £2,218 in last 1 year, £6,892 in last 2 years, £5,475 in last 3 years, £2,676 in last 4 years and £4,345 in last 5 years.
Currently average asking price of a property in Wellwood Avenue, Lanark, ML11 is around £161,669 based on approximately 2 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 Wellwood Avenue, Lanark, ML11 is £71,117. Average asking price is £161,669 while average price paid is £81,054 which is up by £2,218 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 Wellwood Avenue, Lanark, ML11 area. In last 1 year alone average price buyer paid is around £81,054 based on approximately 2 sales in Wellwood Avenue, Lanark, ML11 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £88,321. 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 £88,321 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £88,321 per sale.