Fort Augustus

Area Guide For Fort Augustus

Stronghold Augustus is a settlement in the area of Boleskine and Abertarff, at the south west end of Loch Ness, Scottish Highlands. The town has a populace of around 646 (2001); its economy is vigorously dependent on tourism. The Gaelic name for the current town is Cill Chuimein and until the early eighteenth century the settlement was called Kiliwhimin. It was renamed 'Fortification Augustus' after the Jacobite Rising of 1715. The acknowledged derivation is that the settlement was initially named after Saint Cummein of Iona who fabricated a congregation there. Other recommendations are that it was initially called Ku Chuimein after one of two abbots of Iona of the Comyn family, whose marker Lus mhic Chuimein alludes to the cumin plant, or that it was called Cill a' Chuimein ("Comyn's Burialplace") after the last Comyn in Lochaber.

 
 

Fort Augustus Map

Estimated Price: £198,455
Average Asking Price: £266,292
Price change in last one year: £7,795
Average Price Paid: £180,673
Average Rent Rates: --

 
 

Property Prices Breakdown in Fort Augustus

Average Price for property in Fort Augustus is around £198,455 which varies based on type of property you are interested in and ranges from £254,688 for detached house to around £166,320 for semi-detached. Similarly terraced house is around £155,855 and a flat is worth £212,473. Values have been changing and have risen £871 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,704 in last 6 months, £7,795 in last 1 year, £18,235 in last 2 years, £11,209 in last 3 years, £17,739 in last 4 years and £20,051 in last 5 years.

Currently average asking price of a property in Fort Augustus is around £266,292 based on approximately 5 properties for sale.

Estimated property value in Fort Augustus is £198,455. Average asking price is £266,292 while average price paid is £168,800 which is up by £7,795.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 Fort Augustus area. In last 1 year alone average price buyer paid is around £168,800 based on approximately 5 sales in Fort Augustus area alone. If you compare it to last 3 years sales of 23 properties where buyers paid around £161,889. 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 £180,673 for 55 and average amount paid for purchase of approx. 83 properties sold in last 7 years comes to about £188,699 per sale.

 
 

Properties For Sale in Fort Augustus

 
 

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 2 bedroom is around £199,500, £134,000 for a 3 bedroom house, £353,000 for a 4 bedroom house and £295,000 for a 5 bedroom house. For a flat similarly the prices varies from £132,500 for a single bedroom to £260,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Fort Augustus it comes to around average £132,500 for 1 bedroom property, £229,750 for 2 bedroom, £134,000 for 3 bedroom, £353,000 for 4 bedroom and £295,000 for a 5 bedroom property.

Popular Houses in Fort Augustus

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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