Newvalley, Isle of Lewis, HS2

Street Guide For Newvalley, Isle of Lewis, HS2

 

Newvalley, Isle of Lewis, HS2 Map

Estimated Price: £175,904
Average Asking Price: £124,216
Price change in last one year: £12,392
Average Price Paid: £142,225
Average Rent Rates: --

 

Property Prices Breakdown in Newvalley, Isle of Lewis, HS2

Average Price for property in Newvalley, Isle of Lewis, HS2 is around £175,904 e.g. average price for detached house is around 191,068. Values have been changing and have risen £310 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £766 in last 6 months, £12,392 in last 1 year, £20,678 in last 2 years, £19,203 in last 3 years, £23,461 in last 4 years and £19,948 in last 5 years.

Currently average asking price of a property in Newvalley, Isle of Lewis, HS2 is around £124,216 based on approximately 3 properties for sale.

Estimated property value in Newvalley, Isle of Lewis, HS2 is £175,904. Average asking price is £124,216 while average price paid is £170,000 which is up by £12,392.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 Newvalley, Isle of Lewis, HS2 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 3 sales in Newvalley, Isle of Lewis, HS2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £144,033. 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 £142,225 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £136,702 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 Newvalley, 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 Newvalley, Isle of Lewis, HS2