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Property details for 2 Portree Terrace, Inverness IV3 8GH

Flat 2 Beds, 3 Baths, 0 Recep - Edit
Zoopla Estimate: £103,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £103,000
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  • Value change
    300 (0.3%) 3,450 (-3.3%) 750 (-0.7%) 1,000 (-1.0%) 1,850 (1.8%) 6,900 (7.2%) 8,600 (9.1%)  
    from 
  • Rental value
    £550 pcm
  • Confidence level
    78
  • Value range
    £99,000 - £107,000
  • Rental range
    £500 - £550 pcm

Monthly running costs Beta

£479 Monthly total
Remortgage
Average property value
Loan amount (60%) 61,800
Repayment term 25
Interest rate 0.5
Your payment £219 /mo Find remortgage deals In partnership with uSwitch
Average property value

The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more

Remortgage* costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £100,000 Average insurance cost £14/mo (£173/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £43 Electricity £60 Estimated energy cost £103/mo (£1,233/yr)

Reduce your energy costs by up to £258/year

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: 11600 kWh/year
Electricity: 3800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Highland

Estimated tax band B Council tax cost £90 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £22 Sewerage £31 Estimated water cost £53 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Last sale: £96,000 | Sale date: 31st Oct 2012

This 2 bed flat is located at 2 Portree Terrace, Inverness IV3 8GH and has an estimated current value of £103,000. Portree Terrace, IV3 has 12 properties on it with a current average value of £95,669, compared to an average property value of £141,319 for IV3. There have been 4 property sales on Portree Terrace over the last 5 years with an average sold house price of £88,155 and this flat was last sold on 31st Oct 2012 for £96,000. There are currently 83 houses and flats for sale in IV3 with an average asking price of £206,901 and 14 properties to rent in IV3 with an average asking rent of £170 pw.

Owner info

As the owner of a home, you may claim it on Zoopla to edit your home facts, set a TemptMe Price and more...

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Market activity
Average price paid £153,244 Sales 314 Current average value £141,319 (Zoopla Zed-Index) Value change -£381 ▼ -0.27%

Property value data/graphs for IV3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £222,643 £161 3.6 £215,624
Semi-detached £153,545 £170 2.9 £157,358
Terraced £125,749 £130 2.7 £137,155
Flats £105,617 £169 1.9 £100,352

Current asking prices in IV3

Average: £206,164
Avg. current asking prices in IV3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £130,000
(4)
£179,667
(9)
£258,950
(10)
£354,208
(16)
Flats £91,333
(9)
£112,437
(16)
£150,500
(2)
- -
All £91,333
(9)
£115,950
(20)
£174,364
(11)
£258,950
(10)
£354,208
(16)

Current asking rents in IV3

Average: £723 pcm
Avg. current asking prices in IV3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £650 pcm
(1)
£750 pcm
(1)
£1,025 pcm
(2)
£325 pcm
(1)
Flats £881 pcm
(3)
£649 pcm
(5)
£680 pcm
(1)
- -
All £881 pcm
(3)
£649 pcm
(6)
£715 pcm
(2)
£1,025 pcm
(2)
£325 pcm
(1)

Fun facts for IV3

Highest value in IV3
Highest value streets Zed-Index
Abriachan, Inverness IV3 £290,636
Lentran, Inverness IV3 £253,525
Bowmore View £248,654
Bunchrew £234,522
Rangemore Road £230,339
Highest turnover in IV3
Highest turnover streets Turnover
Bowmore View 105.9%
Stornoway Drive 82.3%
Brude's Hill 54.3%
Harrowden Road 50.0%
Warrand Road 39.1%

What Zoopla users think of Inverness

Overall rating:

  • currently 3.5 stars
Good - 74% (94 ratings)

Ratings breakdown:

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