Colonsay Terrace, Oban, PA34

Street Guide For Colonsay Terrace, Oban, PA34

 

Colonsay Terrace, Oban, PA34 Map

Estimated Price: £78,600
Average Asking Price: £231,474
Price change in last one year: £3,088
Average Price Paid: £72,563
Average Rent Rates: £1,963

 

Property Prices Breakdown in Colonsay Terrace, Oban, PA34

Average Price for property in Colonsay Terrace, Oban, PA34 is around £78,600 e.g. average price for a flat is around 81,117. Values have been changing and have risen £393 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,440 in last 6 months, £3,088 in last 1 year, £7,407 in last 2 years, £3,010 in last 3 years, £5,939 in last 4 years and £3,542 in last 5 years.

Currently average asking price of a property in Colonsay Terrace, Oban, PA34 is around £231,474 based on approximately 2 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,963 per month.

Estimated property value in Colonsay Terrace, Oban, PA34 is £78,600. Average asking price is £231,474 while average price paid is £102,500 which is up by £3,088 and Avg. asking rent £1,963.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 Colonsay Terrace, Oban, PA34 area. In last 1 year alone average price buyer paid is around £102,500 based on approximately 2 sales in Colonsay Terrace, Oban, PA34 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £78,162. 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 £72,563 for 11 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £71,494 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 £106,400, £155,091 for a 2 bedroom house, £255,809 for a 3 bedroom house, £297,474 for a 4 bedroom house and £367,500 for a 5 bedroom house. For a flat similarly the prices varies from £87,000 for a single bedroom to £116,428 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £128,792. To sum up the asking prices for properties in Colonsay Terrace, Oban, PA34 it comes to around average £97,778 for 1 bedroom property, £140,055 for 2 bedroom, £227,583 for 3 bedroom, £297,474 for 4 bedroom and £367,500 for a 5 bedroom property.

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 Colonsay Terrace, Oban, PA34