Learmonth Grove, Edinburgh, EH4

Street Guide For Learmonth Grove, Edinburgh, EH4

 

Learmonth Grove, Edinburgh, EH4 Map

Estimated Price: £311,271
Average Asking Price: £503,219
Price change in last one year: £32,009
Average Price Paid: £256,686
Average Rent Rates: £1,081

 

Property Prices Breakdown in Learmonth Grove, Edinburgh, EH4

Average Price for property in Learmonth Grove, Edinburgh, EH4 is around £311,271 which varies based on type of property you are interested in and ranges from £923,042 for terraced house to around £278,741 for a flat. Values have been changing and have risen £5,093 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,260 in last 6 months, £32,009 in last 1 year, £36,536 in last 2 years, £44,204 in last 3 years, £47,158 in last 4 years and £40,795 in last 5 years.

Currently average asking price of a property in Learmonth Grove, Edinburgh, EH4 is around £503,219 based on approximately 9 properties for sale. Same is the case with rental options based on 80 properties up for rent, average asking rent is around £1,081 per month.

Estimated property value in Learmonth Grove, Edinburgh, EH4 is £311,271. Average asking price is £503,219 while average price paid is £264,942 which is up by £32,009 and Avg. asking rent £1,081.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 Learmonth Grove, Edinburgh, EH4 area. In last 1 year alone average price buyer paid is around £264,942 based on approximately 9 sales in Learmonth Grove, Edinburgh, EH4 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £267,948. 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 £256,686 for 30 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £267,817 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 1 bedroom is around £140,000, £164,115 for a 2 bedroom house, £252,764 for a 3 bedroom house, £492,556 for a 4 bedroom house and £1,196,278 for a 5 bedroom house. For a flat similarly the prices varies from £144,726 for a single bedroom to £289,511 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £295,947, £491,250 for a 4 bedroom flat and £595,000 for a 5 bedroom flat. To sum up the asking prices for properties in Learmonth Grove, Edinburgh, EH4 it comes to around average £144,431 for 1 bedroom property, £262,788 for 2 bedroom, £282,838 for 3 bedroom, £492,422 for 4 bedroom and £1,136,150 for a 5 bedroom property.

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 can vary from £594 for 1 bedroom to £925 for 2 bedrooms, £1,595 for 3 bedrooms, £2,434 for 4 bedrooms and £3,033 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £715. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £943, £921 for 3 bedroom and £1,461 for 4 bedroom. You should be generally be expecting around average £703 rent per month for single bedroom property, £941 for 2 bedroom, £1,126 for 3 bedroom, £1,878 for 4 bedroom and approximately £3,033 for a 5 bedroom property in Learmonth Grove, Edinburgh, EH4 area.

Popular Houses in Learmonth Grove, Edinburgh, EH4

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 Learmonth Grove, Edinburgh, EH4