Isle of Skye

Area Guide For Isle of Skye

Skye or the Isle of Skye is the biggest and most northerly huge island in the Inner Hebrides of Scotland. The island's landmasses emanate from a hilly focus commanded by the Cuillins, the rough slants of which give the absolute most sensational mountain view in the country. Although it has been recommended that the Gaelic Sgitheanach depicts a winged shape there is no conclusive understanding as to the name's birthplaces. The island has been involved subsequent to the Mesolithic period and its history incorporates a period of Norse principle and a long stretch of mastery by Clan MacLeod and Clan Donald. The eighteenth century Jacobite risings prompted the separating of the family framework and resulting Clearances that supplanted whole groups with sheep cultivates, some of which additionally included constrained resettlements to inaccessible terrains. Occupant numbers declined from more than 20,000 in the early nineteenth century to simply under 9,000 by the end decade of the twentieth century. Skye's populace expanded by 4 every penny somewhere around 1991 and 2001. About 33% of the occupants were Gaelic speakers in 2001, and despite the fact that their numbers are in decrease this part of island society stays essential.

 
 

Isle of Skye Map

Estimated Price: £211,129
Average Asking Price: £200,322
Price change in last one year: £9,359
Average Price Paid: £166,924
Average Rent Rates: £6,002

 
 

Property Prices Breakdown in Isle of Skye

Average Price for property in Isle of Skye is around £211,129 which varies based on type of property you are interested in and ranges from £251,305 for detached house to around £123,531 for semi-detached. Similarly terraced house is around £198,788 and a flat is worth £559,869. Values have been changing and have risen £3,219 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,472 in last 6 months, £9,359 in last 1 year, £19,159 in last 2 years, £17,700 in last 3 years, £20,829 in last 4 years and £18,753 in last 5 years.

Currently average asking price of a property in Isle of Skye is around £200,322 based on approximately 49 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £6,002 per month.

Estimated property value in Isle of Skye is £211,129. Average asking price is £200,322 while average price paid is £171,438 which is up by £9,359 and Avg. asking rent £6,002.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 Skye area. In last 1 year alone average price buyer paid is around £171,438 based on approximately 49 sales in Isle of Skye area alone. If you compare it to last 3 years sales of 163 properties where buyers paid around £164,747. 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 £166,924 for 279 and average amount paid for purchase of approx. 411 properties sold in last 7 years comes to about £166,824 per sale.

 
 

Properties For Sale in Isle of Skye

 
 

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 1 bedroom is around £70,000, £160,054 for a 2 bedroom house, £176,740 for a 3 bedroom house, £255,280 for a 4 bedroom house and £346,500 for a 5 bedroom house. For a flat the prices of 2 bedroom is £92,500. To sum up the asking prices for properties in Isle of Skye it comes to around average £70,000 for 1 bedroom property, £156,499 for 2 bedroom, £176,740 for 3 bedroom, £255,280 for 4 bedroom and £346,500 for a 5 bedroom property.

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 is £6,002 for 4 bedroom. You should be generally be expecting around average £6,002 rent per month for 4 bedroom property in Isle of Skye area.

Popular Houses in Isle of Skye

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.

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