Average Price for property in Heriot is around £348,563 which varies based on type of property you are interested in and ranges from £503,887 for detached house to around £289,068 for semi-detached. Similarly terraced house is around £278,079 and a flat is worth £515,295. Values have been changing and have risen £4,467 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,494 in last 6 months, £30,526 in last 1 year, £39,948 in last 2 years, £43,800 in last 3 years, £43,678 in last 4 years and £37,726 in last 5 years.
Currently average asking price of a property in Heriot is around £672,238 based on approximately 4 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £1,400 per month.
Estimated property value in Heriot is £348,563. Average asking price is £672,238 while average price paid is £345,000 which is up by £30,526 and Avg. asking rent £1,400.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 Heriot area. In last 1 year alone average price buyer paid is around £345,000 based on approximately 4 sales in Heriot area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £302,962. 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 £332,259 for 16 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £313,651 per sale.