Average Price for property in Murray Terrace, Smithton, Inverness, IV2 is around £104,571 e.g. average price for a flat is around 105,163. Values have been changing and have risen £165 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £812 in last 6 months, £1,270 in last 1 year, £6,310 in last 2 years, £3,944 in last 3 years, £5,559 in last 4 years and £6,490 in last 5 years.
Currently average asking price of a property in Murray Terrace, Smithton, Inverness, IV2 is around £261,112 based on approximately 11 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 Murray Terrace, Smithton, Inverness, IV2 is £104,571. Average asking price is £261,112 while average price paid is £89,827 which is up by £1,270 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 Murray Terrace, Smithton, Inverness, IV2 area. In last 1 year alone average price buyer paid is around £89,827 based on approximately 11 sales in Murray Terrace, Smithton, Inverness, IV2 area alone. If you compare it to last 3 years sales of 26 properties where buyers paid around £86,253. 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 £88,182 for 39 and average amount paid for purchase of approx. 63 properties sold in last 7 years comes to about £93,185 per sale.