Drum Brae Place, East Craigs, Edinburgh, EH12

Street Guide For Drum Brae Place, East Craigs, Edinburgh, EH12

 

Drum Brae Place, East Craigs, Edinburgh, EH12 Map

Estimated Price: £295,054
Average Asking Price: £214,848
Price change in last one year: £29,513
Average Price Paid: £247,417
Average Rent Rates: £942

 

Property Prices Breakdown in Drum Brae Place, East Craigs, Edinburgh, EH12

Average Price for property in Drum Brae Place, East Craigs, Edinburgh, EH12 is around £295,054 Values have been changing and have risen £4,727 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,701 in last 6 months, £29,513 in last 1 year, £38,600 in last 2 years, £42,780 in last 3 years, £46,395 in last 4 years and £39,746 in last 5 years.

Currently average asking price of a property in Drum Brae Place, East Craigs, Edinburgh, EH12 is around £214,848 based on approximately 81 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £942 per month.

Estimated property value in Drum Brae Place, East Craigs, Edinburgh, EH12 is £295,054. Average asking price is £214,848 while average price paid is £250,429 which is up by £29,513 and Avg. asking rent £942.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 Drum Brae Place, East Craigs, Edinburgh, EH12 area. In last 1 year alone average price buyer paid is around £250,429 based on approximately 81 sales in Drum Brae Place, East Craigs, Edinburgh, EH12 area alone. If you compare it to last 3 years sales of 275 properties where buyers paid around £242,795. 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 £247,417 for 470 and average amount paid for purchase of approx. 672 properties sold in last 7 years comes to about £254,907 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 £145,000, £229,998 for a 3 bedroom house, £395,000 for a 4 bedroom house and £367,500 for a 5 bedroom house. For a flat similarly the prices varies from £120,833 for a single bedroom to £180,900 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £268,333. To sum up the asking prices for properties in Drum Brae Place, East Craigs, Edinburgh, EH12 it comes to around average £126,875 for 1 bedroom property, £180,900 for 2 bedroom, £249,166 for 3 bedroom, £395,000 for 4 bedroom and £367,500 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 £802 for 2 bedroom to £897 for 3 bedroom and £1,408 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £793 and £1,101 for 3 bedroom. You should be generally be expecting around average £650 rent per month for single bedroom property, £798 for 2 bedroom, £999 for 3 bedroom and approximately £1,408 for 4 bedroom property in Drum Brae Place, East Craigs, Edinburgh, EH12 area.

Popular Houses in Drum Brae Place, East Craigs, Edinburgh, EH12

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 Drum Brae Place, East Craigs, Edinburgh, EH12