Average Price for property in Longformacus Road, Edinburgh, EH16 is around £344,717 which varies based on type of property you are interested in and ranges from £320,155 for detached house to around £294,918 for semi-detached. Values have been changing and have risen £5,330 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,737 in last 6 months, £33,443 in last 1 year, £41,731 in last 2 years, £46,453 in last 3 years, £45,110 in last 4 years and £39,457 in last 5 years.
Currently average asking price of a property in Longformacus Road, Edinburgh, EH16 is around £214,478 based on approximately 1 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £899 per month.
Estimated property value in Longformacus Road, Edinburgh, EH16 is £344,717. Average asking price is £214,478 while average price paid is £350,000 which is up by £33,443 and Avg. asking rent £899.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 Longformacus Road, Edinburgh, EH16 area. In last 1 year alone average price buyer paid is around £350,000 based on approximately 1 sales in Longformacus Road, Edinburgh, EH16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £302,500. 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 £298,666 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £299,083 per sale.