Walkerburn

Area Guide For Walkerburn

Walkerburn is a little Scottish Borders group on the A72 in the middle of Peebles and Galashiels. The town has around 450 homes and a populace of more than 650 lasting occupants. It is situated in the midst of the delightful Tweed Valley, has a town shop/Post Office, a coffeehouse, a grade school and various neighborhood organizations in the old factory structures. Henry Ballantyne purchased area to fabricate a tweed factory here in 1846. The town was custom fabricated, composed by "Flighty" Pilkington with houses for the specialists and for the Ballantyne family set on the north side of the Tweed valley. The new town started to exist in 1854, taking its name from the Walker Burn. Shops opened, a school was assembled and the route touched base in 1866.

 
 

Walkerburn Map

Estimated Price: £127,502
Average Asking Price: £98,992
Price change in last one year: £11,654
Average Price Paid: £101,732
Average Rent Rates: --

 
 

Property Prices Breakdown in Walkerburn

Average Price for property in Walkerburn is around £127,502 which varies based on type of property you are interested in and ranges from £291,088 for detached house to around £124,776 for semi-detached. Similarly terraced house is around £88,545 and a flat is worth £80,221. Values have been changing and have risen £1,706 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,389 in last 6 months, £11,654 in last 1 year, £15,256 in last 2 years, £16,728 in last 3 years, £16,685 in last 4 years and £14,417 in last 5 years.

Currently average asking price of a property in Walkerburn is around £98,992 based on approximately 11 properties for sale.

Estimated property value in Walkerburn is £127,502. Average asking price is £98,992 while average price paid is £59,663 which is up by £11,654.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 Walkerburn area. In last 1 year alone average price buyer paid is around £59,663 based on approximately 11 sales in Walkerburn area alone. If you compare it to last 3 years sales of 23 properties where buyers paid around £103,991. 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 £101,732 for 40 and average amount paid for purchase of approx. 61 properties sold in last 7 years comes to about £97,806 per sale.

 
 

Properties For Sale in Walkerburn

 
 

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 £75,000, £59,995 for a 2 bedroom house and £150,000 for a 5 bedroom house. For a flat similarly the prices varies from £66,000 for a single bedroom to £70,975 for a 2 bedroom Flat. To sum up the asking prices for properties in Walkerburn it comes to around average £70,500 for 1 bedroom property, £67,315 for 2 bedroom and £150,000 for 5 bedroom.

Popular Houses in Walkerburn

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.

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