Values have been changing and have risen £5,943 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,799 in last 6 months, £52,918 in last 1 year, £70,691 in last 2 years, £73,534 in last 3 years, £74,442 in last 4 years and £65,836 in last 5 years.
Currently average asking price of a property in Albany Street, Edinburgh, EH1 is around £427,998 based on approximately 6 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £1,208 per month.
Estimated property value in Albany Street, Edinburgh, EH1 is £591,487. Average asking price is £427,998 while average price paid is £521,071 which is up by £52,918 and Avg. asking rent £1,208.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 Albany Street, Edinburgh, EH1 area. In last 1 year alone average price buyer paid is around £521,071 based on approximately 6 sales in Albany Street, Edinburgh, EH1 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £671,727. 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 £629,361 for 20 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £590,646 per sale.