Portmahomack, Tain, IV20

Street Guide For Portmahomack, Tain, IV20

 

Portmahomack, Tain, IV20 Map

Estimated Price: £225,289
Average Asking Price: £237,142
Price change in last one year: £1,449
Average Price Paid: £179,785
Average Rent Rates: £702

 

Property Prices Breakdown in Portmahomack, Tain, IV20

Average Price for property in Portmahomack, Tain, IV20 is around £225,289 which varies based on type of property you are interested in and ranges from £304,791 for detached house to around £195,071 for semi-detached. Similarly terraced house is around £197,742. Values have been changing and have risen £2,111 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,032 in last 6 months, £1,449 in last 1 year, £16,389 in last 2 years, £11,146 in last 3 years, £15,883 in last 4 years and £14,367 in last 5 years.

Currently average asking price of a property in Portmahomack, Tain, IV20 is around £237,142 based on approximately 2 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £702 per month.

Estimated property value in Portmahomack, Tain, IV20 is £225,289. Average asking price is £237,142 while average price paid is £281,000 which is up by £1,449 and Avg. asking rent £702.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 Portmahomack, Tain, IV20 area. In last 1 year alone average price buyer paid is around £281,000 based on approximately 2 sales in Portmahomack, Tain, IV20 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £211,333. 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 £179,785 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £186,250 per sale.

 
 

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 £156,500, £150,406 for a 3 bedroom house, £225,177 for a 4 bedroom house and £508,333 for a 5 bedroom house. To sum up the asking prices for properties in Portmahomack, Tain, IV20 it comes to around average £156,500 for 2 bedroom property, £150,406 for 3 bedroom, £225,177 for 4 bedroom and £508,333 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £646 for 2 bedroom to £724 for 4 bedroom. You should be generally be expecting around average £646 rent per month for 2 bedroom property and approximately £724 for 4 bedroom property in Portmahomack, Tain, IV20 area.

Popular Houses in Portmahomack, Tain, IV20

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.

Areas in and around Portmahomack, Tain, IV20