Colintraive in top ten Scottish Property Rich List, Campbeltown bottoms out in Argyll
published this on 3:49 pm, Saturday, 26th July, 2008News | Comments (rss) | Respond | Ping |
A Rich List of Scottish streets, areas and towns – calculated by average property values – created and published by Zoopla, a property valuation website, has placed Colintraive. in the Cowal peninsula opposite the Isle of Bute, as the ninth highest value area in Scotland and the fourth highest value town with an average property value given as £290,714. Cairndow in MId Argyll was the only other entry in this category for Argyll, coming eighteenth at £260,968. Campbeltown came twentieth in the lowest value towns in Scotland. Auchterarder in Perth, though, sees two of its streets in first and second place as the highest value streets in the country. They are Caldedonain Crescent whose average property value is £1.8 million; and Balmorl Court coming in at £1.53 million.
Within Argyll, Bridgend on Islay was named as the highest value street at an average of £931,296, a long way ahead of the second placed street, Kilmelford, at £482,136 – interesting in that Islay itself has four postcodes given in the ten lowest value areas. Cairndow came second to Colintraive in the Top Ten highest value areas – but had three postcodes named in the top ten in this category: PA25 at 260, 968; PA26 at £200,700 and PA24 at £171,353. Appin took second place to Colintraive in the highest value towns category, at£223,522.
Campbeltown’s statistics underpinned its real need for regeneration. It came bottom in all three categories of lowest value street, area and town in Argyll. It had four streets in the ten lowest value street category in the county and one seventh from the bottom in all of Scotland. At £38,137 there is a gulf between Bayview in Campbeltown and Bridgend in Islay.
The copyright on the image above – of Colintraive Community Garden – is owned by Lynn M Reid and is licensed for reuse under the Creative Commons Attribution-ShareAlike 2.0 license.
Related Posts
The Latest News from ForArgyll delivered via email, weekly or daily. You know it makes sense!
Comments (rss) | Respond | Ping | | Print This Post
Loading...
July 26th, 2008 at 8:27 pm
Aren’t these average values fairly meaningless? I’ve just looked at the values for Bridgend on that site:
3 out 97 houses have a value assigned (£2.2m, £164k, £444k). If I take the average of these values I get to the mentioned £930k.
That doesn’t look statistically sound to me at all, that sample is far too low.
Is that the same company that once declared Nave Island (population: 0) the most expensive area in Scotland or even the UK?
July 27th, 2008 at 12:21 pm
The curse of high property values means that those on low incomes in areas like Colintraive cannot find places to live. The house prices are so high because of second home owners who purchase properties to holiday in the place for two or three weeks a year … Evidently they bring in money for those weeks, but the houses are lost to the community as places to live, and the council, seeing the permanent resident numbers falling off have started to withdraw services. This has been happening for years and without a huge effort from locals this will continue.