Values have been changing and have risen £2,256 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,110 in last 6 months, £16,454 in last 1 year, £20,343 in last 2 years, £24,404 in last 3 years, £23,147 in last 4 years and £19,975 in last 5 years.
Currently average asking price of a property in Meadowfield Drive, Edinburgh, EH8 is around £167,169 based on approximately 5 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £891 per month.
Estimated property value in Meadowfield Drive, Edinburgh, EH8 is £172,211. Average asking price is £167,169 while average price paid is £151,892 which is up by £16,454 and Avg. asking rent £891.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 Meadowfield Drive, Edinburgh, EH8 area. In last 1 year alone average price buyer paid is around £151,892 based on approximately 5 sales in Meadowfield Drive, Edinburgh, EH8 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £173,832. 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 £161,271 for 21 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £162,383 per sale.