Average Price for property in Morvich Way, Inverness, IV2 is around £99,046 e.g. average price for terraced house is around 111,599. Values have been changing and have risen £156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £768 in last 6 months, £1,206 in last 1 year, £5,973 in last 2 years, £3,734 in last 3 years, £5,264 in last 4 years and £6,149 in last 5 years.
Currently average asking price of a property in Morvich Way, Inverness, IV2 is around £261,112 based on approximately 3 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 Morvich Way, Inverness, IV2 is £99,046. Average asking price is £261,112 while average price paid is £107,666 which is up by £1,206 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 Morvich Way, Inverness, IV2 area. In last 1 year alone average price buyer paid is around £107,666 based on approximately 3 sales in Morvich Way, Inverness, IV2 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £99,800. 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 £100,598 for 18 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £98,397 per sale.