Average Price for property in Isle of Lewis is around £125,524 which varies based on type of property you are interested in and ranges from £145,181 for detached house to around £84,691 for semi-detached. Similarly terraced house is around £128,619 and a flat is worth £105,179. Values have been changing and have risen £250 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £655 in last 6 months, £9,188 in last 1 year, £15,384 in last 2 years, £14,721 in last 3 years, £17,258 in last 4 years and £14,875 in last 5 years.
Currently average asking price of a property in Isle of Lewis is around £124,216 based on approximately 99 properties for sale.
Estimated property value in Isle of Lewis is £125,524. Average asking price is £124,216 while average price paid is £109,455 which is up by £9,188.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 Isle of Lewis area. In last 1 year alone average price buyer paid is around £109,455 based on approximately 99 sales in Isle of Lewis area alone. If you compare it to last 3 years sales of 261 properties where buyers paid around £106,102. 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 £103,702 for 456 and average amount paid for purchase of approx. 656 properties sold in last 7 years comes to about £103,149 per sale.