Average Price for property in Tern Way, Coatbridge, ML5 is around £224,460 e.g. average price for detached house is around 219,070. Values have been changing and have risen £3,130 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,743 in last 6 months, £9,879 in last 1 year, £23,072 in last 2 years, £19,555 in last 3 years, £11,648 in last 4 years and £19,438 in last 5 years.
Currently average asking price of a property in Tern Way, Coatbridge, ML5 is around £130,719 based on approximately 1 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £503 per month.
Estimated property value in Tern Way, Coatbridge, ML5 is £224,460. Average asking price is £130,719 while average price paid is £188,550 which is up by £9,879 and Avg. asking rent £503.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 Tern Way, Coatbridge, ML5 area. In last 1 year alone average price buyer paid is around £188,550 based on approximately 1 sales in Tern Way, Coatbridge, ML5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £166,775. 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 £194,516 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £208,308 per sale.