Meggetland Square, Edinburgh, EH14

Street Guide For Meggetland Square, Edinburgh, EH14

 

Meggetland Square, Edinburgh, EH14 Map

Estimated Price: £370,348
Average Asking Price: £296,351
Price change in last one year: £36,802
Average Price Paid: £293,570
Average Rent Rates: £1,072

 

Property Prices Breakdown in Meggetland Square, Edinburgh, EH14

Average Price for property in Meggetland Square, Edinburgh, EH14 is around £370,348 e.g. average price for a flat is around 369,745. Values have been changing and have risen £6,041 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,533 in last 6 months, £36,802 in last 1 year, £44,739 in last 2 years, £50,025 in last 3 years, £50,136 in last 4 years and £49,584 in last 5 years.

Currently average asking price of a property in Meggetland Square, Edinburgh, EH14 is around £296,351 based on approximately 3 properties for sale. Same is the case with rental options based on 25 properties up for rent, average asking rent is around £1,072 per month.

Estimated property value in Meggetland Square, Edinburgh, EH14 is £370,348. Average asking price is £296,351 while average price paid is £235,466 which is up by £36,802 and Avg. asking rent £1,072.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 Meggetland Square, Edinburgh, EH14 area. In last 1 year alone average price buyer paid is around £235,466 based on approximately 3 sales in Meggetland Square, Edinburgh, EH14 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £278,766. 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 £293,570 for 20 and average amount paid for purchase of approx. 41 properties sold in last 7 years comes to about £313,156 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 £93,998, £157,500 for a 2 bedroom house, £246,307 for a 3 bedroom house, £496,314 for a 4 bedroom house and £654,909 for a 5 bedroom house. For a flat similarly the prices varies from £107,419 for a single bedroom to £138,763 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £152,773 and £100,000 for a 4 bedroom flat. To sum up the asking prices for properties in Meggetland Square, Edinburgh, EH14 it comes to around average £104,903 for 1 bedroom property, £142,170 for 2 bedroom, £203,437 for 3 bedroom, £463,288 for 4 bedroom and £654,909 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 £813 for 2 bedroom to £1,088 for 3 bedroom, £1,562 for 4 bedroom and £4,000 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £563. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £721, £971 for 3 bedroom and £1,101 for 4 bedroom. You should be generally be expecting around average £563 rent per month for single bedroom property, £747 for 2 bedroom, £1,049 for 3 bedroom, £1,408 for 4 bedroom and approximately £4,000 for a 5 bedroom property in Meggetland Square, Edinburgh, EH14 area.

Popular Houses in Meggetland Square, Edinburgh, EH14

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 Meggetland Square, Edinburgh, EH14