Average Price for property in EH38 is around £339,695 which varies based on type of property you are interested in and ranges from £491,067 for detached house to around £281,714 for semi-detached. Similarly terraced house is around £271,004 and a flat is worth £502,184. Values have been changing and have risen £5,254 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,979 in last 6 months, £33,300 in last 1 year, £40,983 in last 2 years, £46,036 in last 3 years, £47,890 in last 4 years and £40,111 in last 5 years.
Currently average asking price of a property in EH38 is around £672,238 based on approximately 4 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £1,400 per month.
Estimated property value in EH38 is £339,695. Average asking price is £672,238 while average price paid is £345,000 which is up by £33,300 and Avg. asking rent £1,400.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 EH38 area. In last 1 year alone average price buyer paid is around £345,000 based on approximately 4 sales in EH38 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £302,962. 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 £332,260 for 16 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £313,651 per sale.