Isle of Eigg

Area Guide For Isle of Eigg

Eigg is one of the Small Isles, in the Scottish Inner Hebrides. It misleads the south of the Skye and to the north of the Ardnamurchan landmass. Eigg is 9 kilometers (5.6 mi) long from north to south, and 5 kilometers (3.1 mi) east to west. With a territory of 12 square miles (31 km2), it is the second biggest of the Small Isles after Rùm. The principle settlement on Eigg is Cleadale, a prolific waterfront plain in the north west. It is known for its quartz shoreline, called the "singing sands" (Tràigh a' Bhìgeil) by virtue of the squeaking commotion it makes if strolled on when dry. The middle of the island is a moorland level, climbing to 393 meters (1,289 ft) at A Sgurr, a sensational stump of pitchstone, sheer on three sides. Walkers who complete the simple scramble to the top in great climate are compensated with dynamite sees all round of Mull, Coll, Muck, the Outer Hebrides, Rùm, Skye, and the mountains of Lochaber on the mainland.

 
 

Isle of Eigg Map

Estimated Price: £142,499
Average Asking Price: £212,500
Price change in last one year: £5,488
Average Price Paid: £142,000
Average Rent Rates: --

 
 

Property Prices Breakdown in Isle of Eigg

Average Price for property in Isle of Eigg is around £142,499 e.g. average price for detached house is around 179,629. Values have been changing and have risen £613 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,312 in last 6 months, £5,488 in last 1 year, £12,837 in last 2 years, £7,893 in last 3 years, £12,492 in last 4 years and £14,119 in last 5 years.

Currently average asking price of a property in Isle of Eigg is around £212,500 based on approximately 0 properties for sale.

Estimated property value in Isle of Eigg is £142,499. Average asking price is £212,500 while average price paid is £98,000 which is up by £7,893.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 Isle of Eigg area. In last 3 years alone average price buyer paid is around £98,000 based on approximately 1 sales in Isle of Eigg area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £142,000. 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 £139,250 for 6 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 3 bedroom is around £145,000 and £280,000 for a 4 bedroom house. To sum up the asking prices for properties in Isle of Eigg it comes to around average £145,000 for 3 bedroom property and £280,000 for 4 bedroom.

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.

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