Values have been changing and have risen £3,332 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,475 in last 6 months, £21,954 in last 1 year, £29,785 in last 2 years, £32,359 in last 3 years, £32,820 in last 4 years and £28,208 in last 5 years.
Currently average asking price of a property in Mill Lane, Edinburgh, EH6 is around £165,959 based on approximately 1 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £730 per month.
Estimated property value in Mill Lane, Edinburgh, EH6 is £238,454. Average asking price is £165,959 while average price paid is £249,950 which is up by £21,954 and Avg. asking rent £730.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 Mill Lane, Edinburgh, EH6 area. In last 1 year alone average price buyer paid is around £249,950 based on approximately 1 sales in Mill Lane, Edinburgh, EH6 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £206,237. 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 £196,158 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £198,775 per sale.