Castle Terrace, Port Seton, Prestonpans, EH32

Street Guide For Castle Terrace, Port Seton, Prestonpans, EH32

 

Castle Terrace, Port Seton, Prestonpans, EH32 Map

Estimated Price: £231,736
Average Asking Price: £242,252
Price change in last one year: £21,315
Average Price Paid: £167,362
Average Rent Rates: £1,018

 

Property Prices Breakdown in Castle Terrace, Port Seton, Prestonpans, EH32

Average Price for property in Castle Terrace, Port Seton, Prestonpans, EH32 is around £231,736 which varies based on type of property you are interested in and ranges from £319,552 for detached house to around £146,280 for semi-detached. Similarly terraced house is around £124,059. Values have been changing and have risen £3,363 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,947 in last 6 months, £21,315 in last 1 year, £26,235 in last 2 years, £29,471 in last 3 years, £30,661 in last 4 years and £25,686 in last 5 years.

Currently average asking price of a property in Castle Terrace, Port Seton, Prestonpans, EH32 is around £242,252 based on approximately 2 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £1,018 per month.

Estimated property value in Castle Terrace, Port Seton, Prestonpans, EH32 is £231,736. Average asking price is £242,252 while average price paid is £127,500 which is up by £21,315 and Avg. asking rent £1,018.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 Castle Terrace, Port Seton, Prestonpans, EH32 area. In last 1 year alone average price buyer paid is around £127,500 based on approximately 2 sales in Castle Terrace, Port Seton, Prestonpans, EH32 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £156,702. 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 £167,362 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £157,801 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 £116,667, £128,153 for a 2 bedroom house, £210,399 for a 3 bedroom house, £400,000 for a 4 bedroom house and £456,283 for a 5 bedroom house. For a flat similarly the prices varies from £97,898 for a single bedroom to £112,941 for a 2 bedroom Flat. To sum up the asking prices for properties in Castle Terrace, Port Seton, Prestonpans, EH32 it comes to around average £102,230 for 1 bedroom property, £119,533 for 2 bedroom, £210,399 for 3 bedroom, £400,000 for 4 bedroom and £456,283 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 £524 for 1 bedroom to £897 for 4 bedroom and £2,249 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £575. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £498. You should be generally be expecting around average £524 rent per month for single bedroom property, £575 for 2 bedroom, £498 for 3 bedroom, £897 for 4 bedroom and approximately £2,249 for a 5 bedroom property in Castle Terrace, Port Seton, Prestonpans, EH32 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 Castle Terrace, Port Seton, Prestonpans, EH32