Average Price for property in Gracemount Drive, Edinburgh, EH16 is around £167,046 which varies based on type of property you are interested in and ranges from £203,585 for detached house to around £162,951 for semi-detached. Similarly terraced house is around £161,015 and a flat is worth £103,183. Values have been changing and have risen £2,583 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,142 in last 6 months, £16,208 in last 1 year, £20,227 in last 2 years, £22,519 in last 3 years, £21,873 in last 4 years and £19,136 in last 5 years.
Currently average asking price of a property in Gracemount Drive, Edinburgh, EH16 is around £214,478 based on approximately 8 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £899 per month.
Estimated property value in Gracemount Drive, Edinburgh, EH16 is £167,046. Average asking price is £214,478 while average price paid is £168,125 which is up by £16,208 and Avg. asking rent £899.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 Gracemount Drive, Edinburgh, EH16 area. In last 1 year alone average price buyer paid is around £168,125 based on approximately 8 sales in Gracemount Drive, Edinburgh, EH16 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £155,384. 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 £153,928 for 14 and average amount paid for purchase of approx. 51 properties sold in last 7 years comes to about £148,730 per sale.