Eyemouth

Area Guide For Eyemouth

Eyemouth is a little town and common area in Berwickshire, in the Scottish Borders range of Scotland. It is 2 miles east of the principle north-south A1 Street and only 8 miles north of Berwick-upon-Tweed. It has a populace of around 3,420 individuals.

The town's name originates from its area at the mouth of the Eye Water. The Berwickshire coastline comprises of high precipices over profound clear water with sandy inlets and beautiful harbors. An angling port, Eyemouth holds a yearly Herring Queen Festival. Remarkable structures in the town incorporate Gunsgreen House and a cemetery watch house assembled to stand prepare for the Resurrectionists (body snatchers). A considerable lot of the gimmicks of a customary angling town are protected in the limited lanes and vennels – giving asylum from the ocean and appropriate to the sneaking custom of old.

 
 

Eyemouth Map

Estimated Price: £186,939
Average Asking Price: £206,066
Price change in last one year: £5,623
Average Price Paid: £150,194
Average Rent Rates: £514

 
 

Property Prices Breakdown in Eyemouth

Average Price for property in Eyemouth is around £186,939 which varies based on type of property you are interested in and ranges from £323,260 for detached house to around £148,863 for semi-detached. Similarly terraced house is around £140,722 and a flat is worth £134,314. Values have been changing and have risen £462 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £260 in last 6 months, £5,623 in last 1 year, £16,685 in last 2 years, £16,128 in last 3 years, £21,232 in last 4 years and £16,289 in last 5 years.

Currently average asking price of a property in Eyemouth is around £206,066 based on approximately 70 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £514 per month.

Estimated property value in Eyemouth is £186,939. Average asking price is £206,066 while average price paid is £158,350 which is up by £5,623 and Avg. asking rent £514.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 Eyemouth area. In last 1 year alone average price buyer paid is around £158,350 based on approximately 70 sales in Eyemouth area alone. If you compare it to last 3 years sales of 184 properties where buyers paid around £149,688. 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 £150,194 for 300 and average amount paid for purchase of approx. 473 properties sold in last 7 years comes to about £152,438 per sale.

 
 

Properties For Sale in Eyemouth

 
 

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 £69,500, £145,220 for a 2 bedroom house, £190,493 for a 3 bedroom house, £300,619 for a 4 bedroom house and £307,904 for a 5 bedroom house. For a flat similarly the prices varies from £68,738 for a single bedroom to £107,727 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £128,000. To sum up the asking prices for properties in Eyemouth it comes to around average £68,890 for 1 bedroom property, £131,916 for 2 bedroom, £184,445 for 3 bedroom, £300,619 for 4 bedroom and £307,904 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 £849 for 1 bedroom to £405 for 2 bedroom, £543 for 3 bedroom and £1,101 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £353. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £498 and £550 for 4 bedroom. You should be generally be expecting around average £452 rent per month for single bedroom property, £405 for 2 bedroom, £535 for 3 bedroom, £550 for 4 bedroom and approximately £1,101 for a 5 bedroom property in Eyemouth area.

Popular Houses in Eyemouth

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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