Values have been changing and have risen £2,427 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,457 in last 6 months, £15,382 in last 1 year, £18,933 in last 2 years, £21,269 in last 3 years, £22,129 in last 4 years and £18,541 in last 5 years.
Currently average asking price of a property in Drum Street, Edinburgh, EH17 is around £163,732 based on approximately 9 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £766 per month.
Estimated property value in Drum Street, Edinburgh, EH17 is £154,695. Average asking price is £163,732 while average price paid is £111,777 which is up by £15,382 and Avg. asking rent £766.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 Street, Edinburgh, EH17 area. In last 1 year alone average price buyer paid is around £111,777 based on approximately 9 sales in Drum Street, Edinburgh, EH17 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £125,892. 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 £118,950 for 20 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £148,794 per sale.