Average Price for property in Gibson Terrace, Edinburgh, EH11 is around £125,848 which varies based on type of property you are interested in and ranges from £116,087 for terraced house to around £122,212 for a flat. Values have been changing and have risen £2,015 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,440 in last 6 months, £13,042 in last 1 year, £15,981 in last 2 years, £17,632 in last 3 years, £18,676 in last 4 years and £15,281 in last 5 years.
Currently average asking price of a property in Gibson Terrace, Edinburgh, EH11 is around £167,142 based on approximately 6 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £698 per month.
Estimated property value in Gibson Terrace, Edinburgh, EH11 is £125,848. Average asking price is £167,142 while average price paid is £111,958 which is up by £13,042 and Avg. asking rent £698.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 Gibson Terrace, Edinburgh, EH11 area. In last 1 year alone average price buyer paid is around £111,958 based on approximately 6 sales in Gibson Terrace, Edinburgh, EH11 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £108,845. 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 £106,241 for 17 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £104,233 per sale.