Redcastle View, Kirkhill, Inverness, IV5

Street Guide For Redcastle View, Kirkhill, Inverness, IV5

 

Redcastle View, Kirkhill, Inverness, IV5 Map

Estimated Price: £349,481
Average Asking Price: £306,389
Price change in last one year: £2,086
Average Price Paid: £207,889
Average Rent Rates: £763

 

Property Prices Breakdown in Redcastle View, Kirkhill, Inverness, IV5

Average Price for property in Redcastle View, Kirkhill, Inverness, IV5 is around £349,481 e.g. average price for detached house is around 317,766. Values have been changing and have risen £3,041 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,133 in last 6 months, £2,086 in last 1 year, £23,616 in last 2 years, £16,055 in last 3 years, £22,881 in last 4 years and £20,695 in last 5 years.

Currently average asking price of a property in Redcastle View, Kirkhill, Inverness, IV5 is around £306,389 based on approximately 11 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £763 per month.

Estimated property value in Redcastle View, Kirkhill, Inverness, IV5 is £349,481. Average asking price is £306,389 while average price paid is £178,313 which is up by £2,086 and Avg. asking rent £763.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 Redcastle View, Kirkhill, Inverness, IV5 area. In last 1 year alone average price buyer paid is around £178,313 based on approximately 11 sales in Redcastle View, Kirkhill, Inverness, IV5 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £178,313. 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 £207,889 for 14 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £212,763 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 £172,500, £235,000 for a 3 bedroom house, £268,549 for a 4 bedroom house and £390,000 for a 5 bedroom house. To sum up the asking prices for properties in Redcastle View, Kirkhill, Inverness, IV5 it comes to around average £172,500 for 2 bedroom property, £235,000 for 3 bedroom, £268,549 for 4 bedroom and £390,000 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 £650 for 2 bedroom to £875 for 4 bedroom. You should be generally be expecting around average £650 rent per month for 2 bedroom property and approximately £875 for 4 bedroom property in Redcastle View, Kirkhill, Inverness, IV5 area.

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 Redcastle View, Kirkhill, Inverness, IV5