George Place, Peebles, EH45

Street Guide For George Place, Peebles, EH45

 

George Place, Peebles, EH45 Map

Estimated Price: £93,735
Average Asking Price: £274,693
Price change in last one year: £8,881
Average Price Paid: £72,925
Average Rent Rates: £685

 

Property Prices Breakdown in George Place, Peebles, EH45

Average Price for property in George Place, Peebles, EH45 is around £93,735 e.g. average price for a flat is around 91,945. Values have been changing and have risen £1,402 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,729 in last 6 months, £8,881 in last 1 year, £10,933 in last 2 years, £12,283 in last 3 years, £12,782 in last 4 years and £10,714 in last 5 years.

Currently average asking price of a property in George Place, Peebles, EH45 is around £274,693 based on approximately 1 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £685 per month.

Estimated property value in George Place, Peebles, EH45 is £93,735. Average asking price is £274,693 while average price paid is £88,200 which is up by £8,881 and Avg. asking rent £685.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 George Place, Peebles, EH45 area. In last 1 year alone average price buyer paid is around £88,200 based on approximately 1 sales in George Place, Peebles, EH45 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £76,600. 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 £72,925 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £73,616 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 1 bedroom is around £80,000, £159,064 for a 2 bedroom house, £204,167 for a 3 bedroom house, £322,780 for a 4 bedroom house and £396,994 for a 5 bedroom house. For a flat similarly the prices varies from £76,667 for a single bedroom to £116,999 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £149,500. To sum up the asking prices for properties in George Place, Peebles, EH45 it comes to around average £77,500 for 1 bedroom property, £138,032 for 2 bedroom, £190,500 for 3 bedroom, £322,780 for 4 bedroom and £396,994 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 £663 for 2 bedroom to £830 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £416. You should be generally be expecting around average £416 rent per month for single bedroom property, £663 for 2 bedroom and approximately £830 for 4 bedroom property in George Place, Peebles, EH45 area.

Popular Houses in George Place, Peebles, EH45

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.

Areas in and around George Place, Peebles, EH45