Average Price for property in Hermits Croft, Edinburgh, EH8 is around £153,091 e.g. average price for a flat is around 153,091. Values have been changing and have risen £2,006 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,432 in last 6 months, £14,628 in last 1 year, £18,087 in last 2 years, £21,698 in last 3 years, £20,583 in last 4 years and £17,760 in last 5 years.
Currently average asking price of a property in Hermits Croft, Edinburgh, EH8 is around £167,169 based on approximately 4 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £891 per month.
Estimated property value in Hermits Croft, Edinburgh, EH8 is £153,091. Average asking price is £167,169 while average price paid is £94,007 which is up by £14,628 and Avg. asking rent £891.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 Hermits Croft, Edinburgh, EH8 area. In last 1 year alone average price buyer paid is around £94,007 based on approximately 4 sales in Hermits Croft, Edinburgh, EH8 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £126,397. 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 £131,811 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £135,737 per sale.