Average Price for property in Portree is around £183,461 which varies based on type of property you are interested in and ranges from £240,814 for detached house to around £146,241 for semi-detached. Similarly terraced house is around £108,416 and a flat is worth £184,915. Values have been changing and have risen £2,770 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,154 in last 6 months, £8,057 in last 1 year, £16,493 in last 2 years, £15,238 in last 3 years, £17,933 in last 4 years and £16,147 in last 5 years.
Currently average asking price of a property in Portree is around £221,798 based on approximately 50 properties for sale.
Estimated property value in Portree is £183,461. Average asking price is £221,798 while average price paid is £164,273 which is up by £8,057.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 Portree area. In last 1 year alone average price buyer paid is around £164,273 based on approximately 50 sales in Portree area alone. If you compare it to last 3 years sales of 135 properties where buyers paid around £151,788. 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 £151,579 for 242 and average amount paid for purchase of approx. 369 properties sold in last 7 years comes to about £151,067 per sale.