Average Price for property in Farr, Inverness, IV2 is around £331,174 which varies based on type of property you are interested in and ranges from £407,445 for detached house to around £153,112 for semi-detached. Similarly terraced house is around £203,014 and a flat is worth £121,804. Values have been changing and have risen £519 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,560 in last 6 months, £4,042 in last 1 year, £19,953 in last 2 years, £12,448 in last 3 years, £17,551 in last 4 years and £20,493 in last 5 years.
Currently average asking price of a property in Farr, Inverness, IV2 is around £261,112 based on approximately 3 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £644 per month.
Estimated property value in Farr, Inverness, IV2 is £331,174. Average asking price is £261,112 while average price paid is £321,666 which is up by £4,042 and Avg. asking rent £644.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 Farr, Inverness, IV2 area. In last 1 year alone average price buyer paid is around £321,666 based on approximately 3 sales in Farr, Inverness, IV2 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £265,000. 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 £246,214 for 14 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £228,515 per sale.