Campbeltown

Area Guide For Campbeltown

Campbeltown is a town and previous imperial burgh in Argyll and Bute, Scotland. It lies by Campbeltown Loch on the Kintyre landmass. Initially known as Kinlochkilkerran (an anglicization of the Gaelic, which signifies "leader of the loch by the kirk of Ciarán"), it was renamed in the seventeenth century as Campbell's Town after Archibald Campbell (Earl of Argyle) was conceded the site in 1667. Campbeltown turned into an imperative place for shipbuilding and Scotch whisky, and a caught up with angling port. The town's remote area close to the most distant end of a long landmass makes for a troublesome street venture, and to some degree the range depends on ocean and air transport, in the same way as the Internal Hebrides. On the other hand it is connected to whatever is left of Scotland by the A83 (to Tarbet) and A82 (from Tarbet to Glasgow).

 
 

Campbeltown Map

Estimated Price: £117,189
Average Asking Price: £168,322
Price change in last one year: £3,516
Average Price Paid: £94,810
Average Rent Rates: £598

 
 

Property Prices Breakdown in Campbeltown

Average Price for property in Campbeltown is around £117,189 which varies based on type of property you are interested in and ranges from £241,911 for detached house to around £107,823 for semi-detached. Similarly terraced house is around £92,482 and a flat is worth £72,633. Values have been changing and have risen £952 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,548 in last 6 months, £3,516 in last 1 year, £10,607 in last 2 years, £5,401 in last 3 years, £8,445 in last 4 years and £6,534 in last 5 years.

Currently average asking price of a property in Campbeltown is around £168,322 based on approximately 88 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £598 per month.

Estimated property value in Campbeltown is £117,189. Average asking price is £168,322 while average price paid is £74,211 which is up by £3,516 and Avg. asking rent £598.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 Campbeltown area. In last 1 year alone average price buyer paid is around £74,211 based on approximately 88 sales in Campbeltown area alone. If you compare it to last 3 years sales of 243 properties where buyers paid around £88,048. 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 £94,810 for 393 and average amount paid for purchase of approx. 592 properties sold in last 7 years comes to about £92,288 per sale.

 
 

Properties For Sale in Campbeltown

 
 

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 1 bedroom is around £75,000, £98,499 for a 2 bedroom house, £123,173 for a 3 bedroom house, £278,136 for a 4 bedroom house and £436,800 for a 5 bedroom house. For a flat similarly the prices varies from £42,850 for a single bedroom to £82,333 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £39,333 and £143,750 for a 4 bedroom flat. To sum up the asking prices for properties in Campbeltown it comes to around average £46,422 for 1 bedroom property, £88,800 for 2 bedroom, £110,597 for 3 bedroom, £257,462 for 4 bedroom and £436,800 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it is £598 for 2 bedroom. You should be generally be expecting around average £598 rent per month for 2 bedroom property in Campbeltown area.

Popular Houses in Campbeltown

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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