EH23

Real Estate Area Guide For EH23

 

EH23 Map

Estimated Price: £178,664
Average Asking Price: £211,567
Price change in last one year: £17,516
Average Price Paid: £161,701
Average Rent Rates: £573

 

Property Prices Breakdown in EH23

Average Price for property in EH23 is around £178,664 which varies based on type of property you are interested in and ranges from £339,166 for detached house to around £183,169 for semi-detached. Similarly terraced house is around £139,284 and a flat is worth £116,049. Values have been changing and have risen £2,764 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,353 in last 6 months, £17,516 in last 1 year, £21,560 in last 2 years, £24,220 in last 3 years, £25,197 in last 4 years and £21,110 in last 5 years.

Currently average asking price of a property in EH23 is around £211,567 based on approximately 158 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £573 per month.

Estimated property value in EH23 is £178,664. Average asking price is £211,567 while average price paid is £176,801 which is up by £17,516 and Avg. asking rent £573.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 EH23 area. In last 1 year alone average price buyer paid is around £176,801 based on approximately 158 sales in EH23 area alone. If you compare it to last 3 years sales of 383 properties where buyers paid around £168,080. 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 £161,701 for 529 and average amount paid for purchase of approx. 747 properties sold in last 7 years comes to about £157,801 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 £122,998, £175,447 for a 3 bedroom house, £224,428 for a 4 bedroom house and £281,285 for a 5 bedroom house. For a flat similarly the prices varies from £95,000 for a single bedroom to £100,998 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £110,000. To sum up the asking prices for properties in EH23 it comes to around average £95,000 for 1 bedroom property, £111,998 for 2 bedroom, £172,175 for 3 bedroom, £224,428 for 4 bedroom and £281,285 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 £221 for 1 bedroom to £598 for 2 bedroom and £745 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £599. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £650. You should be generally be expecting around average £221 rent per month for single bedroom property, £599 for 2 bedroom and approximately £698 for 3 bedroom property in EH23 area.

Popular Houses in EH23

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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