Average Price for property in Island Bank Road, Inverness, IV2 is around £414,923 which varies based on type of property you are interested in and ranges from £638,521 for detached house to around £272,479 for semi-detached. Similarly terraced house is around £239,907 and a flat is worth £304,308. Values have been changing and have risen £650 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,207 in last 6 months, £5,066 in last 1 year, £24,995 in last 2 years, £15,592 in last 3 years, £21,982 in last 4 years and £25,667 in last 5 years.
Currently average asking price of a property in Island Bank Road, Inverness, IV2 is around £261,112 based on approximately 7 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £644 per month.
Estimated property value in Island Bank Road, Inverness, IV2 is £414,923. Average asking price is £261,112 while average price paid is £230,071 which is up by £5,066 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 Island Bank Road, Inverness, IV2 area. In last 1 year alone average price buyer paid is around £230,071 based on approximately 7 sales in Island Bank Road, Inverness, IV2 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £263,650. 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 £313,035 for 14 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £345,468 per sale.