Dalkeith

Area Guide For Dalkeith

Dalkeith is a town in Midlothian, Scotland, on the River Esk. It was allowed a burgh of barony in 1401 and a burgh of magnificence in 1540. The settlement of Dalkeith developed southwestwards from its twelfth century château. Dalkeith has a populace of 12,342 individuals as per the 2011 enumeration.

The town is part into four unique territories: Dalkeith legitimate with its town focus and notable center, with Eskbank to its west and Woodburn to its east. Eskbank is the decently heeled area of Dalkeith with numerous extensive Victorian and more current houses. To the south of Eskbank is Newbattle with its monastery. Woodburn is a regular workers committee domain constructed from around 1935 onwards.

 
 

Dalkeith Map

Estimated Price: £195,315
Average Asking Price: £228,208
Price change in last one year: £17,116
Average Price Paid: £169,470
Average Rent Rates: £718

 
 

Property Prices Breakdown in Dalkeith

Average Price for property in Dalkeith is around £195,315 which varies based on type of property you are interested in and ranges from £370,485 for detached house to around £215,982 for semi-detached. Similarly terraced house is around £150,459 and a flat is worth £132,629. Values have been changing and have risen £2,505 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,445 in last 6 months, £17,116 in last 1 year, £22,401 in last 2 years, £24,560 in last 3 years, £24,493 in last 4 years and £21,160 in last 5 years.

Currently average asking price of a property in Dalkeith is around £228,208 based on approximately 476 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £718 per month.

Estimated property value in Dalkeith is £195,315. Average asking price is £228,208 while average price paid is £166,802 which is up by £17,116 and Avg. asking rent £718.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 Dalkeith area. In last 1 year alone average price buyer paid is around £166,802 based on approximately 476 sales in Dalkeith area alone. If you compare it to last 3 years sales of 1,271 properties where buyers paid around £173,984. 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 £169,470 for 1,793 and average amount paid for purchase of approx. 2,662 properties sold in last 7 years comes to about £167,840 per sale.

 
 

Properties For Sale in Dalkeith

 
 

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 2 bedroom is around £138,934, £156,691 for a 3 bedroom house, £280,612 for a 4 bedroom house and £376,166 for a 5 bedroom house. For a flat similarly the prices varies from £125,000 for a single bedroom to £126,830 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £122,199. To sum up the asking prices for properties in Dalkeith it comes to around average £125,000 for 1 bedroom property, £133,747 for 2 bedroom, £153,241 for 3 bedroom, £280,612 for 4 bedroom and £376,166 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 £581 for 2 bedroom to £785 for 3 bedroom and £1,751 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £507. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £610 and £754 for 3 bedroom. You should be generally be expecting around average £507 rent per month for single bedroom property, £601 for 2 bedroom, £771 for 3 bedroom and approximately £1,751 for 5 bedroom property in Dalkeith area.

Popular Houses in Dalkeith

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.

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