Average Price for property in Cherry Tree Gardens, Balerno, EH14 is around £457,555 e.g. average price for detached house is around 452,073. Values have been changing and have risen £7,143 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £19,547 in last 6 months, £43,510 in last 1 year, £52,893 in last 2 years, £59,141 in last 3 years, £59,270 in last 4 years and £58,619 in last 5 years.
Currently average asking price of a property in Cherry Tree Gardens, Balerno, EH14 is around £296,351 based on approximately 1 properties for sale. Same is the case with rental options based on 25 properties up for rent, average asking rent is around £1,072 per month.
Estimated property value in Cherry Tree Gardens, Balerno, EH14 is £457,555. Average asking price is £296,351 while average price paid is £351,250 which is up by £43,510 and Avg. asking rent £1,072.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 Tree Gardens, Balerno, EH14 area. In last 1 year alone average price buyer paid is around £351,250 based on approximately 1 sales in Cherry Tree Gardens, Balerno, EH14 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £350,125. 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 £338,062 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £358,178 per sale.