Marvig, Marvig, Isle of Lewis, HS2

Street Guide For Marvig, Marvig, Isle of Lewis, HS2

 

Marvig, Marvig, Isle of Lewis, HS2 Map

Estimated Price: £109,550
Average Asking Price: £124,216
Price change in last one year: £7,719
Average Price Paid: £87,166
Average Rent Rates: --

 

Property Prices Breakdown in Marvig, Marvig, Isle of Lewis, HS2

Average Price for property in Marvig, Marvig, Isle of Lewis, HS2 is around £109,550 which varies based on type of property you are interested in and ranges from £143,963 for detached house to around £143,054 for terraced house. Values have been changing and have risen £194 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £478 in last 6 months, £7,719 in last 1 year, £12,879 in last 2 years, £11,963 in last 3 years, £14,616 in last 4 years and £12,432 in last 5 years.

Currently average asking price of a property in Marvig, Marvig, Isle of Lewis, HS2 is around £124,216 based on approximately 1 properties for sale.

Estimated property value in Marvig, Marvig, Isle of Lewis, HS2 is £109,550. Average asking price is £124,216 while average price paid is £74,000 which is up by £7,719.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 Marvig, Marvig, Isle of Lewis, HS2 area. In last 1 year alone average price buyer paid is around £74,000 based on approximately 1 sales in Marvig, Marvig, Isle of Lewis, HS2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £87,166. 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 £87,166 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £85,875 per sale.

 
 

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 £67,500, £91,900 for a 2 bedroom house, £98,536 for a 3 bedroom house, £147,500 for a 4 bedroom house and £203,333 for a 5 bedroom house. For a flat the prices of 2 bedroom is £60,000. To sum up the asking prices for properties in Marvig, Marvig, Isle of Lewis, HS2 it comes to around average £67,500 for 1 bedroom property, £89,906 for 2 bedroom, £98,536 for 3 bedroom, £147,500 for 4 bedroom and £203,333 for a 5 bedroom property.

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 Marvig, Marvig, Isle of Lewis, HS2