Average Price for property in Kirkwall is around £135,464 which varies based on type of property you are interested in and ranges from £203,554 for detached house to around £124,236 for semi-detached. Similarly terraced house is around £96,471 and a flat is worth £99,605. Values have been changing and have risen £455 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £376 in last 6 months, £5,097 in last 1 year, £11,862 in last 2 years, £13,945 in last 3 years, £5,705 in last 4 years and £7,506 in last 5 years.
Currently average asking price of a property in Kirkwall is around £345,066 based on approximately 126 properties for sale.
Estimated property value in Kirkwall is £135,464. Average asking price is £345,066 while average price paid is £121,169 which is up by £5,097.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 Kirkwall area. In last 1 year alone average price buyer paid is around £121,169 based on approximately 126 sales in Kirkwall area alone. If you compare it to last 3 years sales of 375 properties where buyers paid around £116,671. 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 £113,991 for 605 and average amount paid for purchase of approx. 856 properties sold in last 7 years comes to about £113,543 per sale.