Cromal Terrace, Ardersier, Inverness, IV2

Street Guide For Cromal Terrace, Ardersier, Inverness, IV2

 

Cromal Terrace, Ardersier, Inverness, IV2 Map

Estimated Price: £156,597
Average Asking Price: £261,878
Price change in last one year: £2,004
Average Price Paid: £147,800
Average Rent Rates: £646

 

Property Prices Breakdown in Cromal Terrace, Ardersier, Inverness, IV2

Average Price for property in Cromal Terrace, Ardersier, Inverness, IV2 is around £156,597 e.g. average price for terraced house is around 156,531. Values have been changing and have risen £259 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,274 in last 6 months, £2,004 in last 1 year, £9,917 in last 2 years, £6,193 in last 3 years, £8,730 in last 4 years and £10,193 in last 5 years.

Currently average asking price of a property in Cromal Terrace, Ardersier, Inverness, IV2 is around £261,878 based on approximately 2 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £646 per month.

Estimated property value in Cromal Terrace, Ardersier, Inverness, IV2 is £156,597. Average asking price is £261,878 while average price paid is £139,500 which is up by £2,004 and Avg. asking rent £646.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 Cromal Terrace, Ardersier, Inverness, IV2 area. In last 1 year alone average price buyer paid is around £139,500 based on approximately 2 sales in Cromal Terrace, Ardersier, Inverness, IV2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £138,500. 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 £147,800 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £147,800 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 £101,500, £159,625 for a 2 bedroom house, £159,584 for a 3 bedroom house, £269,954 for a 4 bedroom house and £532,308 for a 5 bedroom house. For a flat similarly the prices varies from £77,000 for a single bedroom to £128,833 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £93,833. To sum up the asking prices for properties in Cromal Terrace, Ardersier, Inverness, IV2 it comes to around average £85,167 for 1 bedroom property, £144,229 for 2 bedroom, £153,420 for 3 bedroom, £269,954 for 4 bedroom and £532,308 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 £386 for 1 bedroom to £631 for 2 bedroom, £719 for 3 bedroom and £991 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £471. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £566 and £702 for 3 bedroom. You should be generally be expecting around average £457 rent per month for single bedroom property, £583 for 2 bedroom, £715 for 3 bedroom and approximately £991 for 4 bedroom property in Cromal Terrace, Ardersier, Inverness, IV2 area.

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 Cromal Terrace, Ardersier, Inverness, IV2