Average Price for property in Mallaig is around £167,960 which varies based on type of property you are interested in and ranges from £288,965 for detached house to around £127,432 for semi-detached. Similarly terraced house is around £119,154 and a flat is worth £103,943. Values have been changing and have risen £716 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,870 in last 6 months, £6,413 in last 1 year, £15,004 in last 2 years, £9,225 in last 3 years, £14,599 in last 4 years and £16,503 in last 5 years.
Currently average asking price of a property in Mallaig is around £373,750 based on approximately 17 properties for sale.
Estimated property value in Mallaig is £167,960. Average asking price is £373,750 while average price paid is £145,250 which is up by £6,413.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 Mallaig area. In last 1 year alone average price buyer paid is around £145,250 based on approximately 17 sales in Mallaig area alone. If you compare it to last 3 years sales of 34 properties where buyers paid around £136,905. 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 £144,562 for 54 and average amount paid for purchase of approx. 88 properties sold in last 7 years comes to about £141,086 per sale.