Kinlochleven

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Area Guide For Kinlochleven

Kinlochlevenis a town in Lochaber, in the Scottish Highlands and lies at the eastern end of Loch Leven. To the north lie the Mamores edge; to the south lie the mountains flanking Glen Coe.

The town was framed from two already separate little groups - Kinlochmore to the north of the River Leven in Inverness-shire and Kinlochbeg to the south of the Leven in Argyll - taking after the development of an aluminum smelter and related lodging for its representatives. The preparing plant was controlled by a hydroelectric plan arranged in the mountains above,and made Kinlochleven the first town on the planet to have each house associated with power, instituting the adage "The Electric Village". In 1991, the town (as per yearly measurements returns) had a little more than 1000 tenants in about 420 family units. Today it is an outstanding traveler destination and place for mountain interests.

 
 

Kinlochleven Map

Estimated Price: £125,112
Average Asking Price: £229,999
Price change in last one year: £4,904
Average Price Paid: £95,947
Average Rent Rates: --

 
 

Property Prices Breakdown in Kinlochleven

Average Price for property in Kinlochleven is around £125,112 which varies based on type of property you are interested in and ranges from £386,484 for detached house to around £128,838 for semi-detached. Similarly terraced house is around £100,704 and a flat is worth £55,129. Values have been changing and have risen £548 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,959 in last 6 months, £4,904 in last 1 year, £11,471 in last 2 years, £7,055 in last 3 years, £11,164 in last 4 years and £12,620 in last 5 years.

Currently average asking price of a property in Kinlochleven is around £229,999 based on approximately 15 properties for sale.

Estimated property value in Kinlochleven is £125,112. Average asking price is £229,999 while average price paid is £101,300 which is up by £4,904.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 Kinlochleven area. In last 1 year alone average price buyer paid is around £101,300 based on approximately 15 sales in Kinlochleven area alone. If you compare it to last 3 years sales of 29 properties where buyers paid around £106,173. 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 £95,947 for 49 and average amount paid for purchase of approx. 72 properties sold in last 7 years comes to about £103,756 per sale.

 
 

Properties For Sale in Kinlochleven

 
 

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 £89,998, £92,000 for a 3 bedroom house and £247,667 for a 4 bedroom house. To sum up the asking prices for properties in Kinlochleven it comes to around average £89,998 for 2 bedroom property, £92,000 for 3 bedroom and £247,667 for 4 bedroom.

Popular Houses in Kinlochleven

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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