Values have been changing and have risen £3,064 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,202 in last 6 months, £16,970 in last 1 year, £21,979 in last 2 years, £23,750 in last 3 years, £25,569 in last 4 years and £22,021 in last 5 years.
Currently average asking price of a property in Mearenside, East Craigs, Edinburgh, EH12 is around £375,536 based on approximately 2 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £1,108 per month.
Estimated property value in Mearenside, East Craigs, Edinburgh, EH12 is £175,129. Average asking price is £375,536 while average price paid is £167,500 which is up by £16,970 and Avg. asking rent £1,108.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 Mearenside, East Craigs, Edinburgh, EH12 area. In last 1 year alone average price buyer paid is around £167,500 based on approximately 2 sales in Mearenside, East Craigs, Edinburgh, EH12 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £136,120. 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 £156,547 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £150,835 per sale.