Average Price for property in Isle of Bute is around £135,422 which varies based on type of property you are interested in and ranges from £271,962 for detached house to around £148,097 for semi-detached. Similarly terraced house is around £133,021 and a flat is worth £104,205. Values have been changing and have risen £1,094 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,080 in last 6 months, £4,046 in last 1 year, £12,201 in last 2 years, £6,211 in last 3 years, £9,713 in last 4 years and £7,514 in last 5 years.
Currently average asking price of a property in Isle of Bute is around £134,884 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 £360 per month.
Estimated property value in Isle of Bute is £135,422. Average asking price is £134,884 while average price paid is £92,055 which is up by £4,046 and Avg. asking rent £360.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 Bute area. In last 1 year alone average price buyer paid is around £92,055 based on approximately 88 sales in Isle of Bute area alone. If you compare it to last 3 years sales of 265 properties where buyers paid around £98,290. 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 £98,735 for 424 and average amount paid for purchase of approx. 640 properties sold in last 7 years comes to about £100,151 per sale.