Average Price for property in Cherry Lane, Mayfield, Dalkeith, EH22 is around £94,712 e.g. average price for terraced house is around 77,724. Values have been changing and have risen £1,376 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,659 in last 6 months, £8,715 in last 1 year, £10,729 in last 2 years, £12,056 in last 3 years, £12,546 in last 4 years and £10,516 in last 5 years.
Currently average asking price of a property in Cherry Lane, Mayfield, Dalkeith, EH22 is around £228,477 based on approximately 2 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 Cherry Lane, Mayfield, Dalkeith, EH22 is £94,712. Average asking price is £228,477 while average price paid is £87,000 which is up by £8,715 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 Cherry Lane, Mayfield, Dalkeith, EH22 area. In last 1 year alone average price buyer paid is around £87,000 based on approximately 2 sales in Cherry Lane, Mayfield, Dalkeith, EH22 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £82,249. 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 £86,333 for 6 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £95,566 per sale.