Balmacaan Road, Drumnadrochit, Inverness, IV63

Street Guide For Balmacaan Road, Drumnadrochit, Inverness, IV63

 

Balmacaan Road, Drumnadrochit, Inverness, IV63 Map

Estimated Price: £169,012
Average Asking Price: £265,210
Price change in last one year: £1,012
Average Price Paid: £124,614
Average Rent Rates: £689

 

Property Prices Breakdown in Balmacaan Road, Drumnadrochit, Inverness, IV63

Average Price for property in Balmacaan Road, Drumnadrochit, Inverness, IV63 is around £169,012 which varies based on type of property you are interested in and ranges from £192,884 for detached house to around £137,968 for semi-detached. Similarly terraced house is around £156,292. Values have been changing and have risen £1,472 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,903 in last 6 months, £1,012 in last 1 year, £11,427 in last 2 years, £7,776 in last 3 years, £11,080 in last 4 years and £10,024 in last 5 years.

Currently average asking price of a property in Balmacaan Road, Drumnadrochit, Inverness, IV63 is around £265,210 based on approximately 3 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £689 per month.

Estimated property value in Balmacaan Road, Drumnadrochit, Inverness, IV63 is £169,012. Average asking price is £265,210 while average price paid is £184,500 which is up by £1,012 and Avg. asking rent £689.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 Balmacaan Road, Drumnadrochit, Inverness, IV63 area. In last 1 year alone average price buyer paid is around £184,500 based on approximately 3 sales in Balmacaan Road, Drumnadrochit, Inverness, IV63 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £131,566. 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 £124,614 for 19 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £141,459 per sale.

 
 

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 £185,000, £216,000 for a 2 bedroom house, £204,821 for a 3 bedroom house, £249,429 for a 4 bedroom house and £512,625 for a 5 bedroom house. To sum up the asking prices for properties in Balmacaan Road, Drumnadrochit, Inverness, IV63 it comes to around average £185,000 for 1 bedroom property, £216,000 for 2 bedroom, £204,821 for 3 bedroom, £249,429 for 4 bedroom and £512,625 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 £594 for 1 bedroom to £498 for 2 bedroom and £975 for 3 bedroom. You should be generally be expecting around average £594 rent per month for single bedroom property, £498 for 2 bedroom and approximately £975 for 3 bedroom property in Balmacaan Road, Drumnadrochit, Inverness, IV63 area.

Popular Houses in Balmacaan Road, Drumnadrochit, Inverness, IV63

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 Balmacaan Road, Drumnadrochit, Inverness, IV63