Burnbrae Drive, East Craigs, Edinburgh, EH12

Street Guide For Burnbrae Drive, East Craigs, Edinburgh, EH12

 

Burnbrae Drive, East Craigs, Edinburgh, EH12 Map

Estimated Price: £282,144
Average Asking Price: £375,536
Price change in last one year: £25,288
Average Price Paid: £221,932
Average Rent Rates: £1,108

 

Property Prices Breakdown in Burnbrae Drive, East Craigs, Edinburgh, EH12

Average Price for property in Burnbrae Drive, East Craigs, Edinburgh, EH12 is around £282,144 which varies based on type of property you are interested in and ranges from £249,245 for detached house to around £506,569 for terraced house. Similarly flat is around £263,321. Values have been changing and have risen £4,565 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,222 in last 6 months, £25,288 in last 1 year, £32,752 in last 2 years, £35,388 in last 3 years, £38,101 in last 4 years and £32,806 in last 5 years.

Currently average asking price of a property in Burnbrae Drive, East Craigs, Edinburgh, EH12 is around £375,536 based on approximately 1 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £1,108 per month.

Estimated property value in Burnbrae Drive, East Craigs, Edinburgh, EH12 is £282,144. Average asking price is £375,536 while average price paid is £176,000 which is up by £25,288 and Avg. asking rent £1,108.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 Burnbrae Drive, East Craigs, Edinburgh, EH12 area. In last 1 year alone average price buyer paid is around £176,000 based on approximately 1 sales in Burnbrae Drive, East Craigs, Edinburgh, EH12 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £227,512. 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 £221,932 for 54 and average amount paid for purchase of approx. 69 properties sold in last 7 years comes to about £223,852 per sale.

 
 

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 £145,000, £178,304 for a 2 bedroom house, £272,026 for a 3 bedroom house, £438,623 for a 4 bedroom house and £945,330 for a 5 bedroom house. For a flat similarly the prices varies from £154,454 for a single bedroom to £193,576 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £395,975 and £580,833 for a 4 bedroom flat. To sum up the asking prices for properties in Burnbrae Drive, East Craigs, Edinburgh, EH12 it comes to around average £154,090 for 1 bedroom property, £190,576 for 2 bedroom, £339,025 for 3 bedroom, £467,065 for 4 bedroom and £945,330 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 £849 for 1 bedroom to £701 for 2 bedrooms, £1,049 for 3 bedrooms, £1,299 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £623. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £958, £1,431 for 3 bedroom and £1,621 for 4 bedroom. You should be generally be expecting around average £679 rent per month for single bedroom property, £903 for 2 bedroom, £1,240 for 3 bedroom, £1,363 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Burnbrae Drive, East Craigs, Edinburgh, EH12 area.

Popular Houses in Burnbrae Drive, East Craigs, Edinburgh, EH12

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 Burnbrae Drive, East Craigs, Edinburgh, EH12