Irvine

Area Guide For Irvine

Irvine is an antiquated settlement, in medieval times an illustrious burgh, and now another town on the shore of the Firth of Clyde in North Ayrshire, Scotland. As per 2007 populace assesses, the town is home to 39,527 tenants, making it the greatest settlement in North Ayrshire. 

Irvine was the site of Scotland's twelfth century Military Capital and previous home office of the Lord High Constable of Scotland, Hugh de Morville. It likewise served as the Capital of Cunninghame and seemed to be, at the time of David I, Robert II and Robert III one of the most punctual capitals of Scotland.

 
 

Irvine Map

Estimated Price: £115,209
Average Asking Price: £124,702
Price change in last one year: £3,993
Average Price Paid: £102,461
Average Rent Rates: £476

 
 

Property Prices Breakdown in Irvine

Average Price for property in Irvine is around £115,209 which varies based on type of property you are interested in and ranges from £203,798 for detached house to around £115,052 for semi-detached. Similarly terraced house is around £84,404 and a flat is worth £84,878. Values have been changing and have risen £254 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £632 in last 6 months, £3,993 in last 1 year, £11,657 in last 2 years, £9,859 in last 3 years, £7,099 in last 4 years and £5,474 in last 5 years.

Currently average asking price of a property in Irvine is around £124,702 based on approximately 401 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £476 per month.

Estimated property value in Irvine is £115,209. Average asking price is £124,702 while average price paid is £107,677 which is up by £3,993 and Avg. asking rent £476.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 Irvine area. In last 1 year alone average price buyer paid is around £107,677 based on approximately 401 sales in Irvine area alone. If you compare it to last 3 years sales of 1,178 properties where buyers paid around £98,352. 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 £102,461 for 1,726 and average amount paid for purchase of approx. 2,666 properties sold in last 7 years comes to about £103,091 per sale.

 
 

Properties For Sale in Irvine

 
 

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 2 bedroom is around £80,281, £110,327 for a 3 bedroom house, £202,692 for a 4 bedroom house and £229,326 for a 5 bedroom house. For a flat similarly the prices varies from £61,457 for a single bedroom to £78,727 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £114,267. To sum up the asking prices for properties in Irvine it comes to around average £61,457 for 1 bedroom property, £79,393 for 2 bedroom, £110,460 for 3 bedroom, £202,692 for 4 bedroom and £229,326 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 £443 for 2 bedroom to £488 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £325. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £494 and £689 for 5 bedroom. You should be generally be expecting around average £325 rent per month for single bedroom property, £467 for 2 bedroom, £488 for 3 bedroom and approximately £689 for 5 bedroom property in Irvine area.

Popular Houses in Irvine

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.

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