Average Price for property in Isle of Gigha is around £174,818 which varies based on type of property you are interested in and ranges from £137,660 for detached house to around £128,214 for semi-detached. Similarly terraced house is around £363,970. Values have been changing and have risen £1,427 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,315 in last 6 months, £5,262 in last 1 year, £15,877 in last 2 years, £8,072 in last 3 years, £12,631 in last 4 years and £9,765 in last 5 years.
Currently average asking price of a property in Isle of Gigha is around £725,000 based on approximately 1 properties for sale.
Estimated property value in Isle of Gigha is £174,818. Average asking price is £725,000 while average price paid is £360,000 which is up by £5,262.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 Gigha area. In last 1 year alone average price buyer paid is around £360,000 based on approximately 1 sales in Isle of Gigha area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £222,500. 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 £222,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £190,125 per sale.