Spean Bridge

Area Guide For Spean Bridge

Spean Bridge is a small town in the parish of Kilmonivaig, in the Highland district of Scotland.

The town takes its name from the Highbridge over the River Spean on General Wade's military street between Fort William and Fort Augustus, and not from Telford's bridge of 1819 which conveys the A82 over the stream at the heart of the town.

Lying in the Great Glen, Spean Bridge has transport connects north towards Inverness and south to Fort William, gave by the A82, and the A86 travels east to join the A9 at Kingussie. The town is served by the Spean Bridge track station giving connections to Glasgow, London, and Mallaig and somewhere around 1903 and 1933 it offered an extension line administration to Fort Augustus.

 
 

Spean Bridge Map

Estimated Price: £258,345
Average Asking Price: £291,571
Price change in last one year: £9,865
Average Price Paid: £206,923
Average Rent Rates: --

 
 

Property Prices Breakdown in Spean Bridge

Average Price for property in Spean Bridge is around £258,345 which varies based on type of property you are interested in and ranges from £389,217 for detached house to around £154,419 for semi-detached. Similarly terraced house is around £152,657 and a flat is worth £406,975. Values have been changing and have risen £1,102 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,954 in last 6 months, £9,865 in last 1 year, £23,082 in last 2 years, £14,185 in last 3 years, £22,451 in last 4 years and £25,374 in last 5 years.

Currently average asking price of a property in Spean Bridge is around £291,571 based on approximately 18 properties for sale.

Estimated property value in Spean Bridge is £258,345. Average asking price is £291,571 while average price paid is £198,638 which is up by £9,865.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 Spean Bridge area. In last 1 year alone average price buyer paid is around £198,638 based on approximately 18 sales in Spean Bridge area alone. If you compare it to last 3 years sales of 50 properties where buyers paid around £203,435. 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 £206,923 for 67 and average amount paid for purchase of approx. 91 properties sold in last 7 years comes to about £222,120 per sale.

 
 

Properties For Sale in Spean Bridge

 
 

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 £212,333, £240,000 for a 4 bedroom house and £402,500 for a 5 bedroom house. For a flat the prices of 2 bedroom is £250,000. To sum up the asking prices for properties in Spean Bridge it comes to around average £250,000 for 2 bedroom property, £212,333 for 3 bedroom, £240,000 for 4 bedroom and £402,500 for 5 bedroom.

Popular Houses in Spean Bridge

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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