Values have been changing and have risen £1,876 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,989 in last 6 months, £11,881 in last 1 year, £14,623 in last 2 years, £16,429 in last 3 years, £17,095 in last 4 years and £14,324 in last 5 years.
Currently average asking price of a property in George Street, Peebles, EH45 is around £274,693 based on approximately 3 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 Street, Peebles, EH45 is £125,422. Average asking price is £274,693 while average price paid is £115,000 which is up by £11,881 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 Street, Peebles, EH45 area. In last 1 year alone average price buyer paid is around £115,000 based on approximately 3 sales in George Street, Peebles, EH45 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £110,142. 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 £118,490 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £124,200 per sale.