Average Price for property in Isle of Cumbrae is around £109,838 which varies based on type of property you are interested in and ranges from £255,684 for detached house to around £181,411 for semi-detached. Similarly terraced house is around £118,074 and a flat is worth £88,840. Values have been changing and have risen £237 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £589 in last 6 months, £3,720 in last 1 year, £10,855 in last 2 years, £9,182 in last 3 years, £6,612 in last 4 years and £5,100 in last 5 years.
Currently average asking price of a property in Isle of Cumbrae is around £110,747 based on approximately 28 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £451 per month.
Estimated property value in Isle of Cumbrae is £109,838. Average asking price is £110,747 while average price paid is £101,722 which is up by £3,720 and Avg. asking rent £451.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 Cumbrae area. In last 1 year alone average price buyer paid is around £101,722 based on approximately 28 sales in Isle of Cumbrae area alone. If you compare it to last 3 years sales of 95 properties where buyers paid around £100,449. 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 £101,492 for 167 and average amount paid for purchase of approx. 249 properties sold in last 7 years comes to about £99,378 per sale.