Average Price for property in Isles of Scilly is around £421,980 which varies based on type of property you are interested in and ranges from £521,290 for detached house to around £440,759 for semi-detached. Similarly terraced house is around £433,081 and a flat is worth £303,300. Values have been changing and have risen £895 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,744 in last 6 months, £12,747 in last 1 year, £31,327 in last 2 years, £27,100 in last 3 years, £11,729 in last 4 years and £34,283 in last 5 years.
Currently average asking price of a property in Isles of Scilly is around £481,000 based on approximately 7 properties for sale.
Estimated property value in Isles of Scilly is £421,980. Average asking price is £481,000 while average price paid is £301,500 which is up by £12,747.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 Isles of Scilly area. In last 1 year alone average price buyer paid is around £301,500 based on approximately 7 sales in Isles of Scilly area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £350,778. 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 £351,386 for 48 and average amount paid for purchase of approx. 63 properties sold in last 7 years comes to about £356,025 per sale.