EH17

Real Estate Area Guide For EH17

 

EH17 Map

Estimated Price: £173,661
Average Asking Price: £164,266
Price change in last one year: £17,026
Average Price Paid: £145,102
Average Rent Rates: £744

 

Property Prices Breakdown in EH17

Average Price for property in EH17 is around £173,661 which varies based on type of property you are interested in and ranges from £286,488 for detached house to around £173,385 for semi-detached. Similarly terraced house is around £154,563 and a flat is worth £121,186. Values have been changing and have risen £2,687 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,148 in last 6 months, £17,026 in last 1 year, £20,955 in last 2 years, £23,542 in last 3 years, £24,492 in last 4 years and £20,519 in last 5 years.

Currently average asking price of a property in EH17 is around £164,266 based on approximately 263 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £744 per month.

Estimated property value in EH17 is £173,661. Average asking price is £164,266 while average price paid is £150,005 which is up by £17,026 and Avg. asking rent £744.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 EH17 area. In last 1 year alone average price buyer paid is around £150,005 based on approximately 263 sales in EH17 area alone. If you compare it to last 3 years sales of 665 properties where buyers paid around £145,628. 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 £145,102 for 988 and average amount paid for purchase of approx. 1,458 properties sold in last 7 years comes to about £147,946 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 1 bedroom is around £95,833, £123,000 for a 2 bedroom house, £172,184 for a 3 bedroom house, £254,315 for a 4 bedroom house and £249,998 for a 5 bedroom house. For a flat similarly the prices varies from £83,250 for a single bedroom to £97,999 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,000 and £185,000 for a 4 bedroom flat. To sum up the asking prices for properties in EH17 it comes to around average £88,643 for 1 bedroom property, £113,625 for 2 bedroom, £171,075 for 3 bedroom, £243,652 for 4 bedroom and £249,998 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 £686 for 2 bedroom to £826 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £649. You should be generally be expecting around average £667 rent per month for 2 bedroom property and approximately £826 for 3 bedroom property in EH17 area.

Popular Houses in EH17

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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