Average Price for property in EH40 is around £301,182 which varies based on type of property you are interested in and ranges from £418,141 for detached house to around £289,617 for semi-detached. Similarly terraced house is around £218,880 and a flat is worth £210,697. Values have been changing and have risen £4,659 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,394 in last 6 months, £29,525 in last 1 year, £36,339 in last 2 years, £40,821 in last 3 years, £42,465 in last 4 years and £35,569 in last 5 years.
Currently average asking price of a property in EH40 is around £287,909 based on approximately 42 properties for sale.
Estimated property value in EH40 is £301,182. Average asking price is £287,909 while average price paid is £275,129 which is up by £29,525.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 EH40 area. In last 1 year alone average price buyer paid is around £275,129 based on approximately 42 sales in EH40 area alone. If you compare it to last 3 years sales of 96 properties where buyers paid around £257,756. 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 £250,227 for 154 and average amount paid for purchase of approx. 197 properties sold in last 7 years comes to about £244,071 per sale.