Average Price for property in Hermand Street, Edinburgh, EH11 is around £189,011 which varies based on type of property you are interested in and ranges from £254,685 for detached house to around £187,926 for a flat. Values have been changing and have risen £3,026 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,169 in last 6 months, £19,585 in last 1 year, £23,997 in last 2 years, £26,474 in last 3 years, £28,040 in last 4 years and £22,935 in last 5 years.
Currently average asking price of a property in Hermand Street, 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 Hermand Street, Edinburgh, EH11 is £189,011. Average asking price is £167,142 while average price paid is £152,609 which is up by £19,585 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 Hermand Street, Edinburgh, EH11 area. In last 1 year alone average price buyer paid is around £152,609 based on approximately 6 sales in Hermand Street, Edinburgh, EH11 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £150,240. 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 £155,503 for 26 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £152,308 per sale.