Average Price for property in Peebles is around £261,399 which varies based on type of property you are interested in and ranges from £394,374 for detached house to around £249,140 for semi-detached. Similarly terraced house is around £190,744 and a flat is worth £146,328. Values have been changing and have risen £3,404 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,757 in last 6 months, £23,252 in last 1 year, £30,433 in last 2 years, £33,366 in last 3 years, £33,273 in last 4 years and £28,741 in last 5 years.
Currently average asking price of a property in Peebles is around £273,035 based on approximately 192 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £727 per month.
Estimated property value in Peebles is £261,399. Average asking price is £273,035 while average price paid is £212,208 which is up by £23,252 and Avg. asking rent £727.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 Peebles area. In last 1 year alone average price buyer paid is around £212,208 based on approximately 192 sales in Peebles area alone. If you compare it to last 3 years sales of 520 properties where buyers paid around £207,325. 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 £217,105 for 799 and average amount paid for purchase of approx. 1,139 properties sold in last 7 years comes to about £219,701 per sale.