Kilmacolm

Area Guide For Kilmacolm

Kilmacolm is a town and civil parish in the Inverclyde chamber range and the noteworthy region of Renfrewshire in the west focal Lowlands of Scotland. It lies on the northern slant of the Gryffe Valley 7 and half miles south-east of Greenock and around 15 miles west of the city of Glasgow. The town has a populace of around 4,000 and is a piece of a more extensive common ward which covers an expansive rustic hinterland of 15,000 hectares containing inside it the littler settlement of Quarrier's Village, initially settled as a nineteenth century private vagrants' home.

 
 

Kilmacolm Map

Estimated Price: £345,326
Average Asking Price: £419,025
Price change in last one year: £10,249
Average Price Paid: £262,658
Average Rent Rates: £1,077

 
 

Property Prices Breakdown in Kilmacolm

Average Price for property in Kilmacolm is around £345,326 which varies based on type of property you are interested in and ranges from £569,566 for detached house to around £305,282 for semi-detached. Similarly terraced house is around £182,078 and a flat is worth £174,639. Values have been changing and have risen £2,779 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,353 in last 6 months, £10,249 in last 1 year, £30,920 in last 2 years, £15,716 in last 3 years, £24,587 in last 4 years and £19,000 in last 5 years.

Currently average asking price of a property in Kilmacolm is around £419,025 based on approximately 58 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £1,077 per month.

Estimated property value in Kilmacolm is £345,326. Average asking price is £419,025 while average price paid is £250,780 which is up by £10,249 and Avg. asking rent £1,077.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 Kilmacolm area. In last 1 year alone average price buyer paid is around £250,780 based on approximately 58 sales in Kilmacolm area alone. If you compare it to last 3 years sales of 190 properties where buyers paid around £258,311. 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 £262,658 for 320 and average amount paid for purchase of approx. 433 properties sold in last 7 years comes to about £279,553 per sale.

 
 

Properties For Sale in Kilmacolm

 
 

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 £74,333, £185,000 for a 2 bedroom house, £192,498 for a 3 bedroom house, £393,332 for a 4 bedroom house and £931,286 for a 5 bedroom house. For a flat similarly the prices varies from £63,317 for a single bedroom to £118,071 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £178,122 and £309,498 for a 4 bedroom flat. To sum up the asking prices for properties in Kilmacolm it comes to around average £68,825 for 1 bedroom property, £126,437 for 2 bedroom, £182,914 for 3 bedroom, £372,374 for 4 bedroom and £931,286 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 £711 for 2 bedroom to £2,752 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £598. You should be generally be expecting around average £477 rent per month for single bedroom property, £654 for 2 bedroom and approximately £2,752 for 5 bedroom property in Kilmacolm area.

Popular Houses in Kilmacolm

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.

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