Wick

Area Guide For Wick

Wick is an estuary town and a regal burgh in the north of the Highland chamber region of Scotland. Verifiably, it is one of two burghs inside the district of Caithness, of which Wick was the region town. The town straddles the River Wick and stretches out along both sides of Wick Bay. Wick Locality had a populace of 7,333 at the time of the 2001 statistics.

Pulteneytown, which was created on the south side of the stream by the British Fisheries Society amid the nineteenth century, was authoritatively blended into the burgh in 1902.

 
 

Wick Map

Estimated Price: £102,916
Average Asking Price: £130,679
Price change in last one year: £4,006
Average Price Paid: £91,014
Average Rent Rates: --

 
 

Property Prices Breakdown in Wick

Average Price for property in Wick is around £102,916 which varies based on type of property you are interested in and ranges from £159,741 for detached house to around £92,470 for semi-detached. Similarly terraced house is around £96,177 and a flat is worth £67,485. Values have been changing and have risen £358 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £296 in last 6 months, £4,006 in last 1 year, £9,324 in last 2 years, £10,962 in last 3 years, £4,486 in last 4 years and £5,903 in last 5 years.

Currently average asking price of a property in Wick is around £130,679 based on approximately 103 properties for sale.

Estimated property value in Wick is £102,916. Average asking price is £130,679 while average price paid is £92,293 which is up by £4,006.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 Wick area. In last 1 year alone average price buyer paid is around £92,293 based on approximately 103 sales in Wick area alone. If you compare it to last 3 years sales of 325 properties where buyers paid around £90,909. 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 £91,014 for 513 and average amount paid for purchase of approx. 782 properties sold in last 7 years comes to about £90,503 per sale.

 
 

Properties For Sale in Wick

 
 

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 £57,500, £73,938 for a 2 bedroom house, £132,223 for a 3 bedroom house, £170,899 for a 4 bedroom house and £220,500 for a 5 bedroom house. For a flat similarly the prices varies from £48,500 for a single bedroom to £67,500 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £72,500 and £59,750 for a 4 bedroom flat. To sum up the asking prices for properties in Wick it comes to around average £53,000 for 1 bedroom property, £72,650 for 2 bedroom, £127,246 for 3 bedroom, £160,795 for 4 bedroom and £220,500 for a 5 bedroom property.

Popular Houses in Wick

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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