Average Price for property in Merchiston Grove, Edinburgh, EH11 is around £207,987 e.g. average price for a flat is around 209,173. Values have been changing and have risen £3,328 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,988 in last 6 months, £21,549 in last 1 year, £26,404 in last 2 years, £29,130 in last 3 years, £30,851 in last 4 years and £25,231 in last 5 years.
Currently average asking price of a property in Merchiston Grove, Edinburgh, EH11 is around £167,142 based on approximately 2 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £698 per month.
Estimated property value in Merchiston Grove, Edinburgh, EH11 is £207,987. Average asking price is £167,142 while average price paid is £196,850 which is up by £21,549 and Avg. asking rent £698.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 Merchiston Grove, Edinburgh, EH11 area. In last 1 year alone average price buyer paid is around £196,850 based on approximately 2 sales in Merchiston Grove, Edinburgh, EH11 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £176,740. 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 £174,800 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £170,433 per sale.