Gillespie Road, Edinburgh, EH13

Street Guide For Gillespie Road, Edinburgh, EH13

 

Gillespie Road, Edinburgh, EH13 Map

Estimated Price: £895,270
Average Asking Price: £408,804
Price change in last one year: £71,885
Average Price Paid: £634,750
Average Rent Rates: £834

 

Property Prices Breakdown in Gillespie Road, Edinburgh, EH13

Average Price for property in Gillespie Road, Edinburgh, EH13 is around £895,270 which varies based on type of property you are interested in and ranges from £1,041,400 for detached house to around £508,929 for semi-detached. Similarly flat is around £667,972. Values have been changing and have risen £13,749 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £38,791 in last 6 months, £71,885 in last 1 year, £108,692 in last 2 years, £116,526 in last 3 years, £130,866 in last 4 years and £96,478 in last 5 years.

Currently average asking price of a property in Gillespie Road, Edinburgh, EH13 is around £408,804 based on approximately 2 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £834 per month.

Estimated property value in Gillespie Road, Edinburgh, EH13 is £895,270. Average asking price is £408,804 while average price paid is £538,250 which is up by £71,885 and Avg. asking rent £834.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 Gillespie Road, Edinburgh, EH13 area. In last 1 year alone average price buyer paid is around £538,250 based on approximately 2 sales in Gillespie Road, Edinburgh, EH13 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £641,100. 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 £634,750 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £643,562 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 2 bedroom is around £112,500, £412,000 for a 3 bedroom house, £522,000 for a 4 bedroom house and £732,778 for a 5 bedroom house. For a flat similarly the prices varies from £67,500 for a single bedroom to £168,750 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £261,923 and £169,998 for a 4 bedroom flat. To sum up the asking prices for properties in Gillespie Road, Edinburgh, EH13 it comes to around average £67,500 for 1 bedroom property, £150,000 for 2 bedroom, £303,611 for 3 bedroom, £421,428 for 4 bedroom and £732,778 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 is £1,400 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £791. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £716. You should be generally be expecting around average £791 rent per month for 2 bedroom property, £716 for 3 bedroom and approximately £1,400 for 4 bedroom property in Gillespie Road, Edinburgh, EH13 area.

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 Gillespie Road, Edinburgh, EH13