Average Price for property in Stornoway is around £123,368 which varies based on type of property you are interested in and ranges from £194,089 for detached house to around £147,014 for semi-detached. Similarly terraced house is around £98,728 and a flat is worth £111,111. Values have been changing and have risen £252 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £661 in last 6 months, £9,283 in last 1 year, £15,541 in last 2 years, £14,870 in last 3 years, £17,436 in last 4 years and £15,028 in last 5 years.
Currently average asking price of a property in Stornoway is around £130,000 based on approximately 61 properties for sale.
Estimated property value in Stornoway is £123,368. Average asking price is £130,000 while average price paid is £98,731 which is up by £9,283.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 Stornoway area. In last 1 year alone average price buyer paid is around £98,731 based on approximately 61 sales in Stornoway area alone. If you compare it to last 3 years sales of 179 properties where buyers paid around £99,540. 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 £98,613 for 289 and average amount paid for purchase of approx. 424 properties sold in last 7 years comes to about £102,851 per sale.