Balfour Terrace, Penicuik, EH26

Street Guide For Balfour Terrace, Penicuik, EH26

 

Balfour Terrace, Penicuik, EH26 Map

Estimated Price: £215,704
Average Asking Price: £224,429
Price change in last one year: £20,612
Average Price Paid: £150,000
Average Rent Rates: £869

 

Property Prices Breakdown in Balfour Terrace, Penicuik, EH26

Average Price for property in Balfour Terrace, Penicuik, EH26 is around £215,704 e.g. average price for detached house is around 286,278. Values have been changing and have risen £3,252 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,653 in last 6 months, £20,612 in last 1 year, £25,368 in last 2 years, £28,498 in last 3 years, £29,649 in last 4 years and £24,836 in last 5 years.

Currently average asking price of a property in Balfour Terrace, Penicuik, EH26 is around £224,429 based on approximately 0 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £869 per month.

Estimated property value in Balfour Terrace, Penicuik, EH26 is £215,704. Average asking price is £224,429 while average price paid is £150,000 which is up by £24,836 and Avg. asking rent £869.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 Balfour Terrace, Penicuik, EH26 area. In last 5 years alone average price buyer paid is around £150,000 based on approximately 1 sales in Balfour Terrace, Penicuik, EH26 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £150,000.

 
 

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 £79,000, £122,500 for a 2 bedroom house, £190,615 for a 3 bedroom house, £352,636 for a 4 bedroom house and £366,333 for a 5 bedroom house. For a flat similarly the prices varies from £97,399 for a single bedroom to £121,445 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £117,500. To sum up the asking prices for properties in Balfour Terrace, Penicuik, EH26 it comes to around average £94,332 for 1 bedroom property, £121,621 for 2 bedroom, £180,867 for 3 bedroom, £352,636 for 4 bedroom and £366,333 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 £999 for 4 bedroom to £1,248 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £464. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £650. You should be generally be expecting around average £464 rent per month for single bedroom property, £650 for 3 bedroom, £999 for 4 bedroom and approximately £1,248 for 5 bedroom property in Balfour Terrace, Penicuik, EH26 area.

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 Balfour Terrace, Penicuik, EH26