Munlochy, IV8

Street Guide For Munlochy, IV8

 

Munlochy, IV8 Map

Estimated Price: £305,462
Average Asking Price: £270,000
Price change in last one year: £1,875
Average Price Paid: £217,181
Average Rent Rates: --

 

Property Prices Breakdown in Munlochy, IV8

Average Price for property in Munlochy, IV8 is around £305,462 which varies based on type of property you are interested in and ranges from £368,941 for detached house to around £178,332 for semi-detached. Similarly terraced house is around £276,666. Values have been changing and have risen £2,734 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,110 in last 6 months, £1,875 in last 1 year, £21,232 in last 2 years, £14,436 in last 3 years, £20,573 in last 4 years and £18,608 in last 5 years.

Currently average asking price of a property in Munlochy, IV8 is around £270,000 based on approximately 4 properties for sale.

Estimated property value in Munlochy, IV8 is £305,462. Average asking price is £270,000 while average price paid is £194,500 which is up by £1,875.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 Munlochy, IV8 area. In last 1 year alone average price buyer paid is around £194,500 based on approximately 4 sales in Munlochy, IV8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £229,125. 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 £217,181 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £243,200 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 2 bedroom is around £175,000 and £365,000 for a 4 bedroom house. To sum up the asking prices for properties in Munlochy, IV8 it comes to around average £175,000 for 2 bedroom property and £365,000 for 4 bedroom.

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 Munlochy, IV8