Cromarty Drive, Milton, Invergordon, IV18

Street Guide For Cromarty Drive, Milton, Invergordon, IV18

 

Cromarty Drive, Milton, Invergordon, IV18 Map

Estimated Price: £75,774
Average Asking Price: £155,532
Price change in last one year: £458
Average Price Paid: £85,000
Average Rent Rates: £614

 

Property Prices Breakdown in Cromarty Drive, Milton, Invergordon, IV18

Average Price for property in Cromarty Drive, Milton, Invergordon, IV18 is around £75,774 e.g. average price for terraced house is around 86,917. Values have been changing and have risen £661 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,200 in last 6 months, £458 in last 1 year, £5,130 in last 2 years, £3,496 in last 3 years, £4,980 in last 4 years and £4,509 in last 5 years.

Currently average asking price of a property in Cromarty Drive, Milton, Invergordon, IV18 is around £155,532 based on approximately 0 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £614 per month.

Estimated property value in Cromarty Drive, Milton, Invergordon, IV18 is £75,774. Average asking price is £155,532 while average price paid is £85,000 which is up by £3,496 and Avg. asking rent £614.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 Cromarty Drive, Milton, Invergordon, IV18 area. In last 3 years alone average price buyer paid is around £85,000 based on approximately 1 sales in Cromarty Drive, Milton, Invergordon, IV18 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £85,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £85,000 for 1 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 £100,000, £119,286 for a 2 bedroom house, £148,111 for a 3 bedroom house, £245,000 for a 4 bedroom house and £350,000 for a 5 bedroom house. For a flat the prices of single bedroom is £79,625. To sum up the asking prices for properties in Cromarty Drive, Milton, Invergordon, IV18 it comes to around average £86,417 for 1 bedroom property, £119,286 for 2 bedroom, £148,111 for 3 bedroom, £245,000 for 4 bedroom and £350,000 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 £596 for 3 bedroom to £650 for 4 bedroom. You should be generally be expecting around average £596 rent per month for 3 bedroom property and approximately £650 for 4 bedroom property in Cromarty Drive, Milton, Invergordon, IV18 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 Cromarty Drive, Milton, Invergordon, IV18