Munlochy

Area Guide For Munlochy

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.

Advanced Munlochy profits from its closeness to Inverness, as well as from the vitality of Munlochy Bay as a reproducing territory for fledglings. Here they discover a scope of territories including tidal sand and mud, and salt pads: and pull in huge quantities of fowl watchers. Munlochy Bay has been assigned as a Site of Special Scientific Interest.

 
 

Munlochy Map

Estimated Price: £245,038
Average Asking Price: £270,000
Price change in last one year: £11,131
Average Price Paid: £216,766
Average Rent Rates: --

 
 

Property Prices Breakdown in Munlochy

Average Price for property in Munlochy is around £245,038 which varies based on type of property you are interested in and ranges from £310,419 for detached house to around £152,585 for semi-detached. Similarly terraced house is around £232,245 and a flat is worth £135,992. Values have been changing and have risen £3,828 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,266 in last 6 months, £11,131 in last 1 year, £22,784 in last 2 years, £21,051 in last 3 years, £24,773 in last 4 years and £22,302 in last 5 years.

Currently average asking price of a property in Munlochy is around £270,000 based on approximately 12 properties for sale.

Estimated property value in Munlochy is £245,038. Average asking price is £270,000 while average price paid is £204,375 which is up by £11,131.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 area. In last 1 year alone average price buyer paid is around £204,375 based on approximately 12 sales in Munlochy area alone. If you compare it to last 3 years sales of 37 properties where buyers paid around £223,393. 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 £216,766 for 47 and average amount paid for purchase of approx. 62 properties sold in last 7 years comes to about £220,917 per sale.

 
 

Properties For Sale in Munlochy

 
 

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 it comes to around average £175,000 for 2 bedroom property and £365,000 for 4 bedroom.

Popular Houses in Munlochy

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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