Highland

Area Guide For Highland

Highland is a council area in the Scottish Highlands and is the largest local government area in both Scotland and the United Kingdom as a whole. It shares borders with the council areas of Moray, Aberdeenshire, Perth and Kinross, and Argyll and Bute. Their councils, and those of Angus and Stirling, also have areas of the Scottish Highlands within their administrative boundaries. The Highland area covers most of the mainland and inner-Hebridean parts of the former counties of Inverness-shire and Ross and Cromarty, all of Sutherland, Caithness and Nairnshire, and small parts of Argyll and Moray. The area was created as a two-tier region in 1975, under the Local Government (Scotland) Act 1973, with an elected council for the whole region and, in addition, elected councils for each of eight districts, Badenoch and Strathspey, Caithness, Inverness, Lochaber, Nairn, Ross and Cromarty, Skye and Lochalsh and Sutherland. The act also abolished county and burgh councils. In 1996, under the Local Government etc (Scotland) Act 1994, the Highland Regional Council and the district councils were wound up and their functions were

 
 

Highland Map

Estimated Price: £176,310
Average Asking Price: £232,799
Price change in last one year: £4,320
Average Price Paid: £155,214
Average Rent Rates: £733

 
 

Property Prices Breakdown in Highland

Average Price for property in Highland is around £176,310 which varies based on type of property you are interested in and ranges from £257,689 for detached house to around £148,315 for semi-detached. Similarly terraced house is around £134,206 and a flat is worth £126,379. Values have been changing and have risen £287 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,255 in last 6 months, £4,320 in last 1 year, £15,245 in last 2 years, £13,121 in last 3 years, £11,910 in last 4 years and £11,713 in last 5 years.

Currently average asking price of a property in Highland is around £232,799 based on approximately 3,085 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £733 per month.

Estimated property value in Highland is £176,310. Average asking price is £232,799 while average price paid is £161,228 which is up by £4,320 and Avg. asking rent £733.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 Highland area. In last 1 year alone average price buyer paid is around £161,228 based on approximately 3,085 sales in Highland area alone. If you compare it to last 3 years sales of 8,769 properties where buyers paid around £155,148. 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 £155,214 for 13,841 and average amount paid for purchase of approx. 20,141 properties sold in last 7 years comes to about £155,160 per sale.

 
 

Properties For Sale in Highland

 
 

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 £97,696, £140,811 for a 2 bedroom house, £174,749 for a 3 bedroom house, £259,967 for a 4 bedroom house and £368,020 for a 5 bedroom house. For a flat similarly the prices varies from £82,259 for a single bedroom to £112,921 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £90,567, £109,917 for a 4 bedroom flat and £145,000 for a 5 bedroom flat. To sum up the asking prices for properties in Highland it comes to around average £90,118 for 1 bedroom property, £133,957 for 2 bedroom, £171,728 for 3 bedroom, £258,510 for 4 bedroom and £366,618 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 can vary from £477 for 1 bedroom to £781 for 2 bedrooms, £699 for 3 bedrooms, £1,256 for 4 bedrooms and £563 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £463. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £571, £773 for 3 bedroom and £477 for 4 bedroom. You should be generally be expecting around average £466 rent per month for single bedroom property, £648 for 2 bedroom, £715 for 3 bedroom, £1,210 for 4 bedroom and approximately £564 for a 5 bedroom property in Highland area.

Popular Houses in Highland

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.

Areas in and around Highland