Average Price for property in Cedarwood Drive, Inverness, IV2 is around £248,360 which varies based on type of property you are interested in and ranges from £264,893 for detached house to around £171,488 for semi-detached. Values have been changing and have risen £389 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,920 in last 6 months, £3,031 in last 1 year, £14,964 in last 2 years, £9,340 in last 3 years, £13,167 in last 4 years and £15,376 in last 5 years.
Currently average asking price of a property in Cedarwood Drive, Inverness, IV2 is around £261,112 based on approximately 4 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £644 per month.
Estimated property value in Cedarwood Drive, Inverness, IV2 is £248,360. Average asking price is £261,112 while average price paid is £213,500 which is up by £3,031 and Avg. asking rent £644.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 Cedarwood Drive, Inverness, IV2 area. In last 1 year alone average price buyer paid is around £213,500 based on approximately 4 sales in Cedarwood Drive, Inverness, IV2 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £188,227. 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 £200,078 for 19 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £202,533 per sale.