Average Price for property in Totland Bay is around £279,190 which varies based on type of property you are interested in and ranges from £375,232 for detached house to around £224,909 for semi-detached. Similarly terraced house is around £197,618 and a flat is worth £192,438. Values have been changing and have risen £1,693 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,202 in last 6 months, £17,659 in last 1 year, £31,704 in last 2 years, £35,453 in last 3 years, £32,006 in last 4 years and £29,907 in last 5 years.
Currently average asking price of a property in Totland Bay is around £272,243 based on approximately 52 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £535 per month.
Estimated property value in Totland Bay is £279,190. Average asking price is £272,243 while average price paid is £242,641 which is up by £17,659 and Avg. asking rent £535.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 Totland Bay area. In last 1 year alone average price buyer paid is around £242,641 based on approximately 52 sales in Totland Bay area alone. If you compare it to last 3 years sales of 156 properties where buyers paid around £232,322. 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 £224,806 for 260 and average amount paid for purchase of approx. 342 properties sold in last 7 years comes to about £232,536 per sale.