Mavisbank, Loanhead, EH20

Street Guide For Mavisbank, Loanhead, EH20

 

Mavisbank, Loanhead, EH20 Map

Estimated Price: £196,269
Average Asking Price: £271,624
Price change in last one year: £18,050
Average Price Paid: £236,805
Average Rent Rates: £648

 

Property Prices Breakdown in Mavisbank, Loanhead, EH20

Average Price for property in Mavisbank, Loanhead, EH20 is around £196,269 which varies based on type of property you are interested in and ranges from £157,805 for detached house to around £132,597 for semi-detached. Similarly terraced house is around £284,995 and a flat is worth £42,818. Values have been changing and have risen £2,848 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,577 in last 6 months, £18,050 in last 1 year, £22,217 in last 2 years, £24,958 in last 3 years, £25,966 in last 4 years and £21,753 in last 5 years.

Currently average asking price of a property in Mavisbank, Loanhead, EH20 is around £271,624 based on approximately 2 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £648 per month.

Estimated property value in Mavisbank, Loanhead, EH20 is £196,269. Average asking price is £271,624 while average price paid is £97,750 which is up by £18,050 and Avg. asking rent £648.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 Mavisbank, Loanhead, EH20 area. In last 1 year alone average price buyer paid is around £97,750 based on approximately 2 sales in Mavisbank, Loanhead, EH20 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £99,875. 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 £236,805 for 14 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £219,782 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 2 bedroom is around £134,833, £139,000 for a 3 bedroom house and £688,000 for a 5 bedroom house. For a flat similarly the prices varies from £109,000 for a single bedroom to £119,995 for a 3 bedroom Flat. To sum up the asking prices for properties in Mavisbank, Loanhead, EH20 it comes to around average £109,000 for 1 bedroom property, £134,833 for 2 bedroom, £134,249 for 3 bedroom and £688,000 for 5 bedroom.

But if you are interested in renting a 2 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £646. You should be generally be expecting around average £650 rent per month for 2 bedroom property and approximately £646 for 3 bedroom property in Mavisbank, Loanhead, EH20 area.

Popular Houses in Mavisbank, Loanhead, EH20

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 Mavisbank, Loanhead, EH20