EH13

Real Estate Area Guide For EH13

 

EH13 Map

Estimated Price: £296,533
Average Asking Price: £402,916
Price change in last one year: £23,484
Average Price Paid: £248,383
Average Rent Rates: £822

 

Property Prices Breakdown in EH13

Average Price for property in EH13 is around £296,533 which varies based on type of property you are interested in and ranges from £618,858 for detached house to around £330,782 for semi-detached. Similarly terraced house is around £253,588 and a flat is worth £155,328. Values have been changing and have risen £4,492 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,672 in last 6 months, £23,484 in last 1 year, £35,509 in last 2 years, £38,072 in last 3 years, £42,760 in last 4 years and £31,534 in last 5 years.

Currently average asking price of a property in EH13 is around £402,916 based on approximately 174 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £822 per month.

Estimated property value in EH13 is £296,533. Average asking price is £402,916 while average price paid is £248,837 which is up by £23,484 and Avg. asking rent £822.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 EH13 area. In last 1 year alone average price buyer paid is around £248,837 based on approximately 174 sales in EH13 area alone. If you compare it to last 3 years sales of 511 properties where buyers paid around £243,680. 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 £248,383 for 811 and average amount paid for purchase of approx. 1,147 properties sold in last 7 years comes to about £252,072 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 2 bedroom is around £112,500, £412,000 for a 3 bedroom house, £500,000 for a 4 bedroom house and £732,778 for a 5 bedroom house. For a flat similarly the prices varies from £67,500 for a single bedroom to £168,750 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £253,571 and £169,998 for a 4 bedroom flat. To sum up the asking prices for properties in EH13 it comes to around average £67,500 for 1 bedroom property, £150,000 for 2 bedroom, £295,263 for 3 bedroom, £417,499 for 4 bedroom and £732,778 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 is £1,400 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £758. You should be generally be expecting around average £758 rent per month for 2 bedroom property and approximately £1,400 for 4 bedroom property in EH13 area.

Popular Houses in EH13

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.

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