Average Price for property in Isle of Islay is around £145,405 which varies based on type of property you are interested in and ranges from £251,831 for detached house to around £125,867 for semi-detached. Similarly terraced house is around £123,546 and a flat is worth £92,273. Values have been changing and have risen £1,173 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,371 in last 6 months, £4,330 in last 1 year, £13,062 in last 2 years, £6,645 in last 3 years, £10,395 in last 4 years and £8,039 in last 5 years.
Currently average asking price of a property in Isle of Islay is around £206,667 based on approximately 40 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £2,167 per month.
Estimated property value in Isle of Islay is £145,405. Average asking price is £206,667 while average price paid is £166,613 which is up by £4,330 and Avg. asking rent £2,167.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 Islay area. In last 1 year alone average price buyer paid is around £166,613 based on approximately 40 sales in Isle of Islay area alone. If you compare it to last 3 years sales of 100 properties where buyers paid around £144,022. 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 £135,606 for 144 and average amount paid for purchase of approx. 201 properties sold in last 7 years comes to about £129,925 per sale.