Values have been changing and have risen £965 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,961 in last 6 months, £3,628 in last 1 year, £6,995 in last 2 years, £6,131 in last 3 years, £3,086 in last 4 years and £5,561 in last 5 years.
Currently average asking price of a property in Wrangholm Drive, Newarthill, Motherwell, ML1 is around £131,389 based on approximately 3 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £459 per month.
Estimated property value in Wrangholm Drive, Newarthill, Motherwell, ML1 is £71,688. Average asking price is £131,389 while average price paid is £69,601 which is up by £3,628 and Avg. asking rent £459.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 Wrangholm Drive, Newarthill, Motherwell, ML1 area. In last 1 year alone average price buyer paid is around £69,601 based on approximately 3 sales in Wrangholm Drive, Newarthill, Motherwell, ML1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £52,069. 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 £57,095 for 11 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £62,637 per sale.