Average Price for property in Forres is around £167,736 which varies based on type of property you are interested in and ranges from £261,238 for detached house to around £145,308 for semi-detached. Similarly terraced house is around £120,135 and a flat is worth £106,827. Values have been changing and have risen £2,585 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,607 in last 6 months, £7,517 in last 1 year, £15,385 in last 2 years, £14,214 in last 3 years, £16,727 in last 4 years and £15,060 in last 5 years.
Currently average asking price of a property in Forres is around £184,239 based on approximately 248 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £563 per month.
Estimated property value in Forres is £167,736. Average asking price is £184,239 while average price paid is £156,152 which is up by £7,517 and Avg. asking rent £563.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 Forres area. In last 1 year alone average price buyer paid is around £156,152 based on approximately 248 sales in Forres area alone. If you compare it to last 3 years sales of 677 properties where buyers paid around £147,505. 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 £143,036 for 1,087 and average amount paid for purchase of approx. 1,491 properties sold in last 7 years comes to about £146,783 per sale.