Hopetoun Terrace, Gullane, EH31

Street Guide For Hopetoun Terrace, Gullane, EH31

 

Hopetoun Terrace, Gullane, EH31 Map

Estimated Price: £380,398
Average Asking Price: £453,632
Price change in last one year: £35,140
Average Price Paid: £293,418
Average Rent Rates: £783

 

Property Prices Breakdown in Hopetoun Terrace, Gullane, EH31

Average Price for property in Hopetoun Terrace, Gullane, EH31 is around £380,398 which varies based on type of property you are interested in and ranges from £786,244 for detached house to around £401,271 for semi-detached. Similarly terraced house is around £355,768 and a flat is worth £186,295. Values have been changing and have risen £5,545 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,752 in last 6 months, £35,140 in last 1 year, £43,248 in last 2 years, £48,583 in last 3 years, £50,539 in last 4 years and £42,328 in last 5 years.

Currently average asking price of a property in Hopetoun Terrace, Gullane, EH31 is around £453,632 based on approximately 4 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £783 per month.

Estimated property value in Hopetoun Terrace, Gullane, EH31 is £380,398. Average asking price is £453,632 while average price paid is £295,000 which is up by £35,140 and Avg. asking rent £783.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 Hopetoun Terrace, Gullane, EH31 area. In last 1 year alone average price buyer paid is around £295,000 based on approximately 4 sales in Hopetoun Terrace, Gullane, EH31 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £300,093. 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 £293,418 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £284,429 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 3 bedroom is around £284,975, £605,000 for a 4 bedroom house and £595,000 for a 5 bedroom house. For a flat similarly the prices varies from £182,500 for a 2 bedroom to £635,000 for a 3 bedroom Flat. Same is the case with 4 bedroom flat £595,000 and £415,000 for a 5 bedroom flat. To sum up the asking prices for properties in Hopetoun Terrace, Gullane, EH31 it comes to around average £182,500 for 2 bedroom property, £401,650 for 3 bedroom, £602,500 for 4 bedroom and £505,000 for 5 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 £975 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £735. You should be generally be expecting around average £734 rent per month for 2 bedroom property and approximately £975 for 3 bedroom property in Hopetoun Terrace, Gullane, EH31 area.

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 Hopetoun Terrace, Gullane, EH31