Wemyss Bay

Area Guide For Wemyss Bay

Wemyss Bay is a town on the shoreline of the Firth of Clyde in Inverclyde in the west focal Lowlands of Scotland. It is in the customary province of Renfrewshire. It is neighboring Skelmorlie, North Ayrshire. The towns have dependably been in divided districts, isolated by the Kelly Burn.

Wemyss Bay is the port for ships to Rothesay on the Isle of Bute. Travelers from the island can associate with Glasgow via trains, which end in the town at the surprising Wemyss Bay route station, noted for its compositional qualities and viewed as one of Scotland's finest track structures. The port is exceptionally uncovered, so in high winds the ships must fly out up stream to Gourock to dock.

 
 

Wemyss Bay Map

Estimated Price: £208,805
Average Asking Price: £173,522
Price change in last one year: £6,183
Average Price Paid: £174,628
Average Rent Rates: --

 
 

Property Prices Breakdown in Wemyss Bay

Average Price for property in Wemyss Bay is around £208,805 which varies based on type of property you are interested in and ranges from £259,405 for detached house to around £152,342 for semi-detached. Similarly terraced house is around £204,357 and a flat is worth £169,108. Values have been changing and have risen £1,675 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,243 in last 6 months, £6,183 in last 1 year, £18,654 in last 2 years, £9,488 in last 3 years, £14,840 in last 4 years and £11,474 in last 5 years.

Currently average asking price of a property in Wemyss Bay is around £173,522 based on approximately 24 properties for sale.

Estimated property value in Wemyss Bay is £208,805. Average asking price is £173,522 while average price paid is £177,388 which is up by £6,183.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 Wemyss Bay area. In last 1 year alone average price buyer paid is around £177,388 based on approximately 24 sales in Wemyss Bay area alone. If you compare it to last 3 years sales of 69 properties where buyers paid around £161,206. 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 £174,628 for 111 and average amount paid for purchase of approx. 178 properties sold in last 7 years comes to about £182,891 per sale.

 
 

Properties For Sale in Wemyss Bay

 
 

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 3 bedroom is around £133,993, £184,998 for a 4 bedroom house and £274,998 for a 5 bedroom house. For a flat similarly the prices varies from £117,500 for a 2 bedroom to £156,250 for a 3 bedroom Flat. To sum up the asking prices for properties in Wemyss Bay it comes to around average £117,500 for 2 bedroom property, £142,086 for 3 bedroom, £184,998 for 4 bedroom and £274,998 for 5 bedroom.

Popular Houses in Wemyss Bay

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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