Muir of Ord

Area Guide For Muir of Ord

Mallaig is a port in Lochaber, on the west shoreline of the Highlands of Scotland. The neighborhood track station, Mallaig, is the end of the West Highland line, finished in 1901, and the town is connected to Fort William by the A830 street – the "Street to the Isles".

The town of Mallaig was established in the 1840s, when Lord Lovat, manager of North Morar Estate, partitioned up the ranch of Mallaigvaig into seventeen packages of area and urged his inhabitants to move to the western piece of the promontory and turn to angling as a lifestyle. The populace and neighborhood economy extended quickly in the twentieth century with the introduction of the railway.

 
 

Muir of Ord Map

Estimated Price: £184,319
Average Asking Price: £243,483
Price change in last one year: £8,297
Average Price Paid: £163,521
Average Rent Rates: --

 
 

Property Prices Breakdown in Muir of Ord

Average Price for property in Muir of Ord is around £184,319 which varies based on type of property you are interested in and ranges from £257,151 for detached house to around £135,483 for semi-detached. Similarly terraced house is around £141,251 and a flat is worth £114,337. Values have been changing and have risen £2,853 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,397 in last 6 months, £8,297 in last 1 year, £16,982 in last 2 years, £15,691 in last 3 years, £18,465 in last 4 years and £16,627 in last 5 years.

Currently average asking price of a property in Muir of Ord is around £243,483 based on approximately 41 properties for sale.

Estimated property value in Muir of Ord is £184,319. Average asking price is £243,483 while average price paid is £162,673 which is up by £8,297.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 Muir of Ord area. In last 1 year alone average price buyer paid is around £162,673 based on approximately 41 sales in Muir of Ord area alone. If you compare it to last 3 years sales of 113 properties where buyers paid around £162,595. 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 £163,521 for 206 and average amount paid for purchase of approx. 365 properties sold in last 7 years comes to about £164,285 per sale.

 
 

Properties For Sale in Muir of Ord

 
 

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 £173,333, £198,556 for a 3 bedroom house, £310,000 for a 4 bedroom house and £434,500 for a 5 bedroom house. For a flat the prices of 2 bedroom is £105,000. To sum up the asking prices for properties in Muir of Ord it comes to around average £139,167 for 2 bedroom property, £198,556 for 3 bedroom, £310,000 for 4 bedroom and £434,500 for 5 bedroom.

Popular Houses in Muir of Ord

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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