Average Price for property in Drum Terrace, Edinburgh, EH7 is around £138,868 e.g. average price for a flat is around 134,554. Values have been changing and have risen £1,778 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,902 in last 6 months, £12,631 in last 1 year, £16,827 in last 2 years, £19,178 in last 3 years, £19,861 in last 4 years and £17,292 in last 5 years.
Currently average asking price of a property in Drum Terrace, Edinburgh, EH7 is around £192,519 based on approximately 7 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £826 per month.
Estimated property value in Drum Terrace, Edinburgh, EH7 is £138,868. Average asking price is £192,519 while average price paid is £131,855 which is up by £12,631 and Avg. asking rent £826.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 Terrace, Edinburgh, EH7 area. In last 1 year alone average price buyer paid is around £131,855 based on approximately 7 sales in Drum Terrace, Edinburgh, EH7 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £131,590. 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 £122,288 for 14 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £125,672 per sale.