Hanover Street, Edinburgh, EH2

Street Guide For Hanover Street, Edinburgh, EH2

 

Hanover Street, Edinburgh, EH2 Map

Estimated Price: £421,929
Average Asking Price: £364,538
Price change in last one year: £41,944
Average Price Paid: £296,250
Average Rent Rates: £1,463

 

Property Prices Breakdown in Hanover Street, Edinburgh, EH2

Average Price for property in Hanover Street, Edinburgh, EH2 is around £421,929 e.g. average price for a flat is around 342,856. Values have been changing and have risen £6,619 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,609 in last 6 months, £41,944 in last 1 year, £51,619 in last 2 years, £57,985 in last 3 years, £60,319 in last 4 years and £50,518 in last 5 years.

Currently average asking price of a property in Hanover Street, Edinburgh, EH2 is around £364,538 based on approximately 0 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £1,463 per month.

Estimated property value in Hanover Street, Edinburgh, EH2 is £421,929. Average asking price is £364,538 while average price paid is £195,000 which is up by £57,985 and Avg. asking rent £1,463.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 Hanover Street, Edinburgh, EH2 area. In last 3 years alone average price buyer paid is around £195,000 based on approximately 1 sales in Hanover Street, Edinburgh, EH2 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £296,250. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £380,333 for 6 per sale.

 
 

For a flat similarly the prices varies from £286,667 for a single bedroom to £374,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £475,000 and £335,000 for a 4 bedroom flat. To sum up the asking prices for properties in Hanover Street, Edinburgh, EH2 it comes to around average £286,667 for 1 bedroom property, £374,000 for 2 bedroom, £475,000 for 3 bedroom and £335,000 for 4 bedroom.

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 £849 for 1 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £758. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,759, £2,600 for 4 bedroom and £2,977 for 5 bedroom. You should be generally be expecting around average £781 rent per month for single bedroom property, £1,759 for 2 bedroom, £2,600 for 4 bedroom and approximately £2,977 for 5 bedroom property in Hanover Street, Edinburgh, EH2 area.

Popular Houses in Hanover Street, Edinburgh, EH2

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 Hanover Street, Edinburgh, EH2