Average Price for property in Cumnock is around £110,394 which varies based on type of property you are interested in and ranges from £176,090 for detached house to around £95,094 for semi-detached. Similarly terraced house is around £75,982 and a flat is worth £62,168. Values have been changing and have risen £242 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £599 in last 6 months, £3,788 in last 1 year, £11,054 in last 2 years, £9,351 in last 3 years, £6,735 in last 4 years and £5,194 in last 5 years.
Currently average asking price of a property in Cumnock is around £147,390 based on approximately 191 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £491 per month.
Estimated property value in Cumnock is £110,394. Average asking price is £147,390 while average price paid is £82,133 which is up by £3,788 and Avg. asking rent £491.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 Cumnock area. In last 1 year alone average price buyer paid is around £82,133 based on approximately 191 sales in Cumnock area alone. If you compare it to last 3 years sales of 522 properties where buyers paid around £83,785. 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 £87,344 for 842 and average amount paid for purchase of approx. 1,398 properties sold in last 7 years comes to about £88,355 per sale.