Average Price for property in Oban is around £181,519 which varies based on type of property you are interested in and ranges from £297,094 for detached house to around £163,028 for semi-detached. Similarly terraced house is around £150,976 and a flat is worth £121,307. Values have been changing and have risen £1,422 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,298 in last 6 months, £5,247 in last 1 year, £15,830 in last 2 years, £8,054 in last 3 years, £12,599 in last 4 years and £9,743 in last 5 years.
Currently average asking price of a property in Oban is around £226,638 based on approximately 158 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,963 per month.
Estimated property value in Oban is £181,519. Average asking price is £226,638 while average price paid is £165,242 which is up by £5,247 and Avg. asking rent £1,963.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 Oban area. In last 1 year alone average price buyer paid is around £165,242 based on approximately 158 sales in Oban area alone. If you compare it to last 3 years sales of 463 properties where buyers paid around £156,661. 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 £161,401 for 757 and average amount paid for purchase of approx. 1,123 properties sold in last 7 years comes to about £161,317 per sale.