Values have been changing and have risen £5,855 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,673 in last 6 months, £32,425 in last 1 year, £41,994 in last 2 years, £45,373 in last 3 years, £48,846 in last 4 years and £42,057 in last 5 years.
Currently average asking price of a property in Burnbrae Place, East Craigs, Edinburgh, EH12 is around £375,536 based on approximately 3 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 Place, East Craigs, Edinburgh, EH12 is £361,779. Average asking price is £375,536 while average price paid is £364,458 which is up by £32,425 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 Place, East Craigs, Edinburgh, EH12 area. In last 1 year alone average price buyer paid is around £364,458 based on approximately 3 sales in Burnbrae Place, East Craigs, Edinburgh, EH12 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £308,265. 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 £284,003 for 15 and average amount paid for purchase of approx. 52 properties sold in last 7 years comes to about £298,387 per sale.