Average Price for property in Tranent is around £200,219 which varies based on type of property you are interested in and ranges from £295,118 for detached house to around £174,958 for semi-detached. Similarly terraced house is around £163,297 and a flat is worth £124,855. Values have been changing and have risen £2,653 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,827 in last 6 months, £18,132 in last 1 year, £23,732 in last 2 years, £26,022 in last 3 years, £25,951 in last 4 years and £22,418 in last 5 years.
Currently average asking price of a property in Tranent is around £203,901 based on approximately 219 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £730 per month.
Estimated property value in Tranent is £200,219. Average asking price is £203,901 while average price paid is £175,556 which is up by £18,132 and Avg. asking rent £730.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 Tranent area. In last 1 year alone average price buyer paid is around £175,556 based on approximately 219 sales in Tranent area alone. If you compare it to last 3 years sales of 669 properties where buyers paid around £167,288. 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 £167,148 for 1,011 and average amount paid for purchase of approx. 1,515 properties sold in last 7 years comes to about £171,482 per sale.