Burnhead Loan, Edinburgh, EH16

Street Guide For Burnhead Loan, Edinburgh, EH16

 

Burnhead Loan, Edinburgh, EH16 Map

Estimated Price: £140,618
Average Asking Price: £214,478
Price change in last one year: £13,645
Average Price Paid: £105,000
Average Rent Rates: £899

 

Property Prices Breakdown in Burnhead Loan, Edinburgh, EH16

Values have been changing and have risen £2,175 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,013 in last 6 months, £13,645 in last 1 year, £17,030 in last 2 years, £18,958 in last 3 years, £18,414 in last 4 years and £16,110 in last 5 years.

Currently average asking price of a property in Burnhead Loan, Edinburgh, EH16 is around £214,478 based on approximately 0 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £899 per month.

Estimated property value in Burnhead Loan, Edinburgh, EH16 is £140,618. Average asking price is £214,478 while average price paid is £105,000 which is up by £18,958 and Avg. asking rent £899.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 Burnhead Loan, Edinburgh, EH16 area. In last 3 years alone average price buyer paid is around £105,000 based on approximately 1 sales in Burnhead Loan, Edinburgh, EH16 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £105,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £126,500 for 2 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 £149,000, £135,533 for a 2 bedroom house, £230,705 for a 3 bedroom house, £277,307 for a 4 bedroom house and £479,665 for a 5 bedroom house. For a flat similarly the prices varies from £110,096 for a single bedroom to £150,813 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £183,290 and £430,000 for a 4 bedroom flat. To sum up the asking prices for properties in Burnhead Loan, Edinburgh, EH16 it comes to around average £112,690 for 1 bedroom property, £148,116 for 2 bedroom, £212,078 for 3 bedroom, £288,214 for 4 bedroom and £479,665 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 £760 for 2 bedroom to £1,076 for 3 bedroom and £1,433 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £511. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £707, £1,001 for 3 bedroom, £1,575 for 4 bedroom and around £2,050 for 5 bedroom flat. You should be generally be expecting around average £512 rent per month for single bedroom property, £716 for 2 bedroom, £1,057 for 3 bedroom, £1,490 for 4 bedroom and approximately £2,050 for a 5 bedroom property in Burnhead Loan, Edinburgh, EH16 area.

Popular Houses in Burnhead Loan, Edinburgh, EH16

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 Burnhead Loan, Edinburgh, EH16