West Bay, Millport, Isle of Cumbrae, KA28

Street Guide For West Bay, Millport, Isle of Cumbrae, KA28

 

West Bay, Millport, Isle of Cumbrae, KA28 Map

Estimated Price: £204,098
Average Asking Price: £110,747
Price change in last one year: £7,322
Average Price Paid: £195,072
Average Rent Rates: £451

 

Property Prices Breakdown in West Bay, Millport, Isle of Cumbrae, KA28

Average Price for property in West Bay, Millport, Isle of Cumbrae, KA28 is around £204,098 which varies based on type of property you are interested in and ranges from £228,149 for detached house to around £329,432 for semi-detached. Similarly terraced house is around £96,865 and a flat is worth £145,389. Values have been changing and have risen £394 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,494 in last 6 months, £7,322 in last 1 year, £19,885 in last 2 years, £16,412 in last 3 years, £11,741 in last 4 years and £7,272 in last 5 years.

Currently average asking price of a property in West Bay, Millport, Isle of Cumbrae, KA28 is around £110,747 based on approximately 1 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £451 per month.

Estimated property value in West Bay, Millport, Isle of Cumbrae, KA28 is £204,098. Average asking price is £110,747 while average price paid is £165,000 which is up by £7,322 and Avg. asking rent £451.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 West Bay, Millport, Isle of Cumbrae, KA28 area. In last 1 year alone average price buyer paid is around £165,000 based on approximately 1 sales in West Bay, Millport, Isle of Cumbrae, KA28 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £204,252. 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 £195,072 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £184,278 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 1 bedroom is around £85,000, £121,750 for a 2 bedroom house, £181,650 for a 3 bedroom house and £370,000 for a 4 bedroom house. For a flat similarly the prices varies from £58,906 for a single bedroom to £97,474 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £144,286 and £176,667 for a 4 bedroom flat. To sum up the asking prices for properties in West Bay, Millport, Isle of Cumbrae, KA28 it comes to around average £60,537 for 1 bedroom property, £101,696 for 2 bedroom, £155,495 for 3 bedroom and £225,000 for 4 bedroom.

But if you are interested in renting a 2 bedroom flat then rent per month can be around £451. You should be generally be expecting around average £451 rent per month for 2 bedroom property in West Bay, Millport, Isle of Cumbrae, KA28 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 West Bay, Millport, Isle of Cumbrae, KA28