East Lothian

Area Guide For East Lothian

East Lothian is one of the 32 council areas of Scotland. Here you will travel from the excitement of Musselburgh Racecourse to the awesome sight of Concorde. Visit the award-winning Scottish Seabird Centre to the impressive clifftop fortress of Tantallon Castle. Birthplace of John Muir, the father of conservation, the area is home to a rich variety of wildlife and thousands of seabirds arriving each year to nest on its islands and coastline.  Charmingly warm towns and villages will invite you to browse in art galleries and museums. Theatre attracts some of the best theatre, dance and entertainment around and, not to be forgotten, East Lothian is the ancient home of golf. You’ll find some of the great links and parkland courses of the world here, including the world famous Muirfield Links. Known as the garden of Scotland, you can savour delicious fresh local produce, as well as seafood specialities in East Lothian’s delicatessens.


East Lothian Map

Estimated Price: £237,625
Average Asking Price: £267,275
Price change in last one year: £21,160
Average Price Paid: £202,362
Average Rent Rates: £827


Property Prices Breakdown in East Lothian

Average Price for property in East Lothian is around £237,625 which varies based on type of property you are interested in and ranges from £404,561 for detached house to around £224,787 for semi-detached. Similarly terraced house is around £199,679 and a flat is worth £170,778. Values have been changing and have risen £3,097 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,968 in last 6 months, £21,160 in last 1 year, £27,694 in last 2 years, £30,363 in last 3 years, £30,281 in last 4 years and £26,157 in last 5 years.

Currently average asking price of a property in East Lothian is around £267,275 based on approximately 1,401 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £827 per month.

Estimated property value in East Lothian is £237,625. Average asking price is £267,275 while average price paid is £211,192 which is up by £21,160 and Avg. asking rent £827.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 East Lothian area. In last 1 year alone average price buyer paid is around £211,192 based on approximately 1,401 sales in East Lothian area alone. If you compare it to last 3 years sales of 4,097 properties where buyers paid around £201,218. 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 £202,362 for 6,268 and average amount paid for purchase of approx. 9,157 properties sold in last 7 years comes to about £201,146 per sale.


Properties For Sale in East Lothian


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 £111,600, £153,562 for a 2 bedroom house, £215,458 for a 3 bedroom house, £370,274 for a 4 bedroom house and £569,389 for a 5 bedroom house. For a flat similarly the prices varies from £93,515 for a single bedroom to £130,623 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £210,351, £263,778 for a 4 bedroom flat and £533,750 for a 5 bedroom flat. To sum up the asking prices for properties in East Lothian it comes to around average £95,993 for 1 bedroom property, £140,855 for 2 bedroom, £214,383 for 3 bedroom, £361,316 for 4 bedroom and £566,221 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 £737 for 1 bedroom to £689 for 2 bedrooms, £871 for 3 bedrooms, £1,219 for 4 bedrooms and £2,249 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £510. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £639, £634 for 3 bedroom and £949 for 4 bedroom. You should be generally be expecting around average £556 rent per month for single bedroom property, £647 for 2 bedroom, £763 for 3 bedroom, £1,174 for 4 bedroom and approximately £2,249 for a 5 bedroom property in East Lothian area.

Popular Houses in East Lothian

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 East Lothian