Average Price for property in EH8 is around £198,302 which varies based on type of property you are interested in and ranges from £352,843 for detached house to around £268,694 for semi-detached. Similarly terraced house is around £257,854 and a flat is worth £176,379. Values have been changing and have risen £2,561 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,936 in last 6 months, £18,681 in last 1 year, £23,097 in last 2 years, £27,706 in last 3 years, £26,280 in last 4 years and £22,675 in last 5 years.
Currently average asking price of a property in EH8 is around £167,314 based on approximately 337 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,349 per month.
Estimated property value in EH8 is £198,302. Average asking price is £167,314 while average price paid is £173,299 which is up by £18,681 and Avg. asking rent £1,349.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 EH8 area. In last 1 year alone average price buyer paid is around £173,299 based on approximately 337 sales in EH8 area alone. If you compare it to last 3 years sales of 950 properties where buyers paid around £167,240. 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 £168,783 for 1,422 and average amount paid for purchase of approx. 2,053 properties sold in last 7 years comes to about £168,335 per sale.