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Property details for 2 Portree Terrace, Inverness IV3 8GH

Flat 2 Beds, 3 Baths, 0 Recep - Edit
Zoopla Estimate: £104,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £104,000
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  • Value change
    550 (0.5%) 1,000 (-0.9%) 650 (0.6%) 2,300 (-2.2%) 4,800 (4.9%) 9,800 (10.5%) 14,450 (16.3%)  
    from 
  • Rental value
    £550 pcm
  • Confidence level
    78
  • Value range
    £100,000 - £107,000
  • Rental range
    £500 - £550 pcm

Monthly running costs Beta

£481 Monthly total
Remortgage
Property value
Loan amount (60%) 62,400
Repayment term 25
Interest rate 0.5
Your payment £221 /mo Find remortgage deals In partnership with uSwitch
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

  • You could save £258/yr
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  • You could save £210/yr
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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 £104,000. Portree Terrace, IV3 has 12 properties on it with a current average value of £96,484, compared to an average property value of £142,097 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 69 houses and flats for sale in IV3 with an average asking price of £223,773 and 17 properties to rent in IV3 with an average asking rent of £168 pw.

Owner info

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Market activity
Average price paid £151,423 Sales 331 Current average value £142,097 (Zoopla Zed-Index) Value change -£1,161 ▼ -0.81%

Property value data/graphs for IV3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £223,006 £163 3.6 £204,734
Semi-detached £153,760 £170 2.9 £158,597
Terraced £127,185 £132 2.7 £131,647
Flats £106,878 £170 1.9 £99,362

Current asking prices in IV3

Average: £222,504
Avg. current asking prices in IV3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £93,000
(1)
£135,000
(1)
£183,100
(10)
£238,731
(13)
£342,334
(13)
Flats £93,200
(5)
£111,536
(14)
£150,500
(2)
- -
All £93,167
(6)
£113,100
(15)
£177,667
(12)
£238,731
(13)
£342,334
(13)

Current asking rents in IV3

Average: £737 pcm
Avg. current asking prices in IV3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £550 pcm
(1)
- £732 pcm
(2)
£1,200 pcm
(1)
£368 pcm
(2)
Flats £1,075 pcm
(2)
£615 pcm
(6)
£750 pcm
(1)
- -
All £900 pcm
(3)
£615 pcm
(6)
£738 pcm
(3)
£1,200 pcm
(1)
£368 pcm
(2)

Fun facts for IV3

Highest value in IV3
Highest value streets Zed-Index
Abriachan, Inverness IV3 £291,970
Lentran, Inverness IV3 £256,359
Bowmore View £250,770
Bunchrew £239,899
Rangemore Road £232,439
Highest turnover in IV3
Highest turnover streets Turnover
Bowmore View 105.9%
Stornoway Drive 82.3%
Brude's Hill 55.2%
Harrowden Road 49.2%
Warrand Road 39.1%

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