Area Guide For Edinburgh

The capital of Scotland, Edinburgh is the country’s most populated city after Glasgow, and is known for its strong professional workforce and economic importance. While there are several industries, the city is increasingly growing in the services sector, with tourism playing a major role. There is a rich history behind the city as well, and some of the iconic landmarks include Edinburgh Castle and Holyrood Palace. Along with history, there is a rich cultural heritage, especially in literature, and the city is also an educational hub, with the University of Edinburgh leading in various fields.


Edinburgh Map

Estimated Price: £269,487
Average Asking Price: £302,008
Price change in last one year: £26,356
Average Price Paid: £230,593
Average Rent Rates: £1,022


Property Prices Breakdown in Edinburgh

Average Price for property in Edinburgh is around £269,487 which varies based on type of property you are interested in and ranges from £520,506 for detached house to around £323,280 for semi-detached. Similarly terraced house is around £335,776 and a flat is worth £204,126. Values have been changing and have risen £4,209 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,269 in last 6 months, £26,356 in last 1 year, £34,356 in last 2 years, £38,031 in last 3 years, £41,152 in last 4 years and £35,276 in last 5 years.

Currently average asking price of a property in Edinburgh is around £302,008 based on approximately 8,248 properties for sale. Same is the case with rental options based on 769 properties up for rent, average asking rent is around £1,022 per month.

Estimated property value in Edinburgh is £269,487. Average asking price is £302,008 while average price paid is £236,370 which is up by £26,356 and Avg. asking rent £1,022.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 Edinburgh area. In last 1 year alone average price buyer paid is around £236,370 based on approximately 8,248 sales in Edinburgh area alone. If you compare it to last 3 years sales of 22,692 properties where buyers paid around £230,393. 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 £230,593 for 34,401 and average amount paid for purchase of approx. 49,229 properties sold in last 7 years comes to about £229,462 per sale.


Properties For Sale in Edinburgh


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 £104,047, £161,691 for a 2 bedroom house, £258,364 for a 3 bedroom house, £439,967 for a 4 bedroom house and £816,904 for a 5 bedroom house. For a flat similarly the prices varies from £125,741 for a single bedroom to £191,627 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £288,906, £429,675 for a 4 bedroom flat and £502,222 for a 5 bedroom flat. To sum up the asking prices for properties in Edinburgh it comes to around average £124,299 for 1 bedroom property, £187,509 for 2 bedroom, £275,839 for 3 bedroom, £437,382 for 4 bedroom and £792,061 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 £631 for 1 bedroom to £790 for 2 bedrooms, £1,132 for 3 bedrooms, £1,519 for 4 bedrooms and £2,676 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £689. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £904, £1,256 for 3 bedroom, £1,804 for 4 bedroom and around £2,183 for 5 bedroom flat. You should be generally be expecting around average £682 rent per month for single bedroom property, £896 for 2 bedroom, £1,227 for 3 bedroom, £1,675 for 4 bedroom and approximately £2,397 for a 5 bedroom property in Edinburgh area.

Popular Houses in Edinburgh

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 Edinburgh