Average Price for property in Isle of Arran is around £243,383 which varies based on type of property you are interested in and ranges from £298,401 for detached house to around £220,618 for semi-detached. Similarly terraced house is around £179,983 and a flat is worth £203,771. Values have been changing and have risen £532 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,310 in last 6 months, £8,298 in last 1 year, £24,225 in last 2 years, £20,481 in last 3 years, £14,733 in last 4 years and £11,350 in last 5 years.
Currently average asking price of a property in Isle of Arran is around £254,496 based on approximately 57 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £783 per month.
Estimated property value in Isle of Arran is £243,383. Average asking price is £254,496 while average price paid is £230,604 which is up by £8,298 and Avg. asking rent £783.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 Arran area. In last 1 year alone average price buyer paid is around £230,604 based on approximately 57 sales in Isle of Arran area alone. If you compare it to last 3 years sales of 160 properties where buyers paid around £197,195. 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 £203,534 for 256 and average amount paid for purchase of approx. 377 properties sold in last 7 years comes to about £205,652 per sale.