Area Guide For Moray

Moray is one of the 32 Local Government council areas of Scotland. It lies in the North-East of the country, with coastline on the Morey Firth. Discover beautiful coastal towns and visit lovely, quiet beaches.  Here you will want to explore the historic inland market towns and tour Speyside. Duffus Castle sat on the edge of Loch Spynie, which once stretched towards the outskirts of Elgin and down towards Lossiemouth. The defensive position of the castle was very strong as its raised height gives views over the Moray.  The castle itself would have originally been timber and later rebuilt in stone. The weight of which was too much and one wall collapsed as shown in the photograph.


Moray Map

Estimated Price: £166,714
Average Asking Price: £186,805
Price change in last one year: £5,830
Average Price Paid: £142,309
Average Rent Rates: £527


Property Prices Breakdown in Moray

Average Price for property in Moray is around £166,714 which varies based on type of property you are interested in and ranges from £249,728 for detached house to around £147,642 for semi-detached. Similarly terraced house is around £121,326 and a flat is worth £103,995. Values have been changing and have risen £1,648 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,711 in last 6 months, £5,830 in last 1 year, £16,334 in last 2 years, £15,979 in last 3 years, £12,275 in last 4 years and £12,733 in last 5 years.

Currently average asking price of a property in Moray is around £186,805 based on approximately 1,394 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £527 per month.

Estimated property value in Moray is £166,714. Average asking price is £186,805 while average price paid is £147,563 which is up by £5,830 and Avg. asking rent £527.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 Moray area. In last 1 year alone average price buyer paid is around £147,563 based on approximately 1,394 sales in Moray area alone. If you compare it to last 3 years sales of 3,784 properties where buyers paid around £144,193. 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 £142,309 for 5,877 and average amount paid for purchase of approx. 8,419 properties sold in last 7 years comes to about £142,027 per sale.


Properties For Sale in Moray


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 £83,111, £114,571 for a 2 bedroom house, £157,621 for a 3 bedroom house, £247,211 for a 4 bedroom house and £312,297 for a 5 bedroom house. For a flat similarly the prices varies from £79,795 for a single bedroom to £98,390 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £124,167. To sum up the asking prices for properties in Moray it comes to around average £81,366 for 1 bedroom property, £110,102 for 2 bedroom, £156,300 for 3 bedroom, £247,211 for 4 bedroom and £312,297 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 can vary from £386 for 1 bedroom to £507 for 2 bedroom, £607 for 3 bedroom and £598 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £384. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £497. You should be generally be expecting around average £384 rent per month for single bedroom property, £500 for 2 bedroom, £607 for 3 bedroom and approximately £598 for 4 bedroom property in Moray area.

Popular Houses in Moray

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 Moray