Argyll & Bute

Area Guide For Argyll & Bute

Argyll & Bute is a region with unique scenery, from the 25 inhabited islands waiting to be explored with their stunning beaches to the rugged landscapes of the mainland. The administrative center for the council area is located in Lochgilphead. Coastal and Highland scenery combine in Argyll & The Isles, alongside rich culture and heritage just waiting to be explored. It is the perfect environment for thrill-seekers to try a range of adventure sports while forest strolls are for those looking for something a little gentler, and you can experience the tranquility of island life. Explore charming towns and villages, look out for wildlife and enjoy clear waters and empty beaches.

 
 

Argyll & Bute Map

Estimated Price: £177,144
Average Asking Price: £185,004
Price change in last one year: £12,126
Average Price Paid: £148,370
Average Rent Rates: £854

 
 

Property Prices Breakdown in Argyll & Bute

Average Price for property in Argyll & Bute is around £177,144 which varies based on type of property you are interested in and ranges from £294,366 for detached house to around £150,609 for semi-detached. Similarly terraced house is around £127,987 and a flat is worth £112,533. Values have been changing and have risen £534 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,943 in last 6 months, £12,126 in last 1 year, £20,317 in last 2 years, £14,303 in last 3 years, £15,822 in last 4 years and £12,972 in last 5 years.

Currently average asking price of a property in Argyll & Bute is around £185,004 based on approximately 1,072 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £854 per month.

Estimated property value in Argyll & Bute is £177,144. Average asking price is £185,004 while average price paid is £142,957 which is up by £12,126 and Avg. asking rent £854.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 Argyll & Bute area. In last 1 year alone average price buyer paid is around £142,957 based on approximately 1,072 sales in Argyll & Bute area alone. If you compare it to last 3 years sales of 3,209 properties where buyers paid around £145,417. 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 £148,370 for 5,208 and average amount paid for purchase of approx. 7,611 properties sold in last 7 years comes to about £147,358 per sale.

 
 

Properties For Sale in Argyll & Bute

 
 

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 £87,243, £129,648 for a 2 bedroom house, £183,408 for a 3 bedroom house, £273,166 for a 4 bedroom house and £353,586 for a 5 bedroom house. For a flat similarly the prices varies from £57,502 for a single bedroom to £91,602 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £125,139, £147,620 for a 4 bedroom flat and £150,667 for a 5 bedroom flat. To sum up the asking prices for properties in Argyll & Bute it comes to around average £64,175 for 1 bedroom property, £107,126 for 2 bedroom, £166,389 for 3 bedroom, £261,094 for 4 bedroom and £347,843 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 £701 for 2 bedroom to £649 for 3 bedroom and £1,116 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £408. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £475, £550 for 3 bedroom and £624 for 4 bedroom. You should be generally be expecting around average £408 rent per month for single bedroom property, £511 for 2 bedroom, £633 for 3 bedroom and approximately £1,055 for 4 bedroom property in Argyll & Bute area.

Popular Houses in Argyll & Bute

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.

Areas in and around Argyll & Bute