Inverclyde

Area Guide For Inverclyde

Inverclyde is one of 32 council areas used for local government in Scotland. Inverclyde is an area of unrivalled beauty, situated along the broad coastal reaches of the River Clyde with breath-taking views to the Argyll Hills and Scottish Highlands. Inverclyde its history of shipbuilding, manufacturing and trading brought prosperity to the area. I n the 19th and 20th centuries, spawn such illustrious sons as James Watt, the engineer, whose famous inventions paved the way for the industrial revolution.

 
 

Inverclyde Map

Estimated Price: £155,965
Average Asking Price: £147,318
Price change in last one year: £6,142
Average Price Paid: £132,205
Average Rent Rates: £671

 
 

Property Prices Breakdown in Inverclyde

Average Price for property in Inverclyde is around £155,965 which varies based on type of property you are interested in and ranges from £328,220 for detached house to around £150,711 for semi-detached. Similarly terraced house is around £119,035 and a flat is worth £121,249. Values have been changing and have risen £326 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,232 in last 6 months, £6,142 in last 1 year, £12,534 in last 2 years, £12,325 in last 3 years, £11,410 in last 4 years and £11,599 in last 5 years.

Currently average asking price of a property in Inverclyde is around £147,318 based on approximately 766 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £671 per month.

Estimated property value in Inverclyde is £155,965. Average asking price is £147,318 while average price paid is £131,764 which is up by £6,142 and Avg. asking rent £671.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 Inverclyde area. In last 1 year alone average price buyer paid is around £131,764 based on approximately 766 sales in Inverclyde area alone. If you compare it to last 3 years sales of 2,192 properties where buyers paid around £129,540. 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 £132,205 for 3,482 and average amount paid for purchase of approx. 5,494 properties sold in last 7 years comes to about £132,129 per sale.

 
 

Properties For Sale in Inverclyde

 
 

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 £70,000, £99,856 for a 2 bedroom house, £138,371 for a 3 bedroom house, £272,202 for a 4 bedroom house and £497,699 for a 5 bedroom house. For a flat similarly the prices varies from £55,088 for a single bedroom to £88,057 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £133,720, £194,025 for a 4 bedroom flat and £183,999 for a 5 bedroom flat. To sum up the asking prices for properties in Inverclyde it comes to around average £55,965 for 1 bedroom property, £90,202 for 2 bedroom, £136,109 for 3 bedroom, £253,250 for 4 bedroom and £448,683 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 £368 for 1 bedroom to £581 for 2 bedrooms, £797 for 3 bedrooms, £1,088 for 4 bedrooms and £2,752 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £442. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £605 and £557 for 3 bedroom. You should be generally be expecting around average £421 rent per month for single bedroom property, £599 for 2 bedroom, £605 for 3 bedroom, £1,088 for 4 bedroom and approximately £2,752 for a 5 bedroom property in Inverclyde area.

Popular Houses in Inverclyde

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 Inverclyde