Average Price for property in Mount Vernon Road, Edinburgh, EH16 is around £202,183 which varies based on type of property you are interested in and ranges from £283,521 for detached house to around £497,976 for semi-detached. Similarly terraced house is around £218,821 and a flat is worth £138,002. Values have been changing and have risen £3,126 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,644 in last 6 months, £19,617 in last 1 year, £24,481 in last 2 years, £27,252 in last 3 years, £26,469 in last 4 years and £23,155 in last 5 years.
Currently average asking price of a property in Mount Vernon Road, Edinburgh, EH16 is around £214,478 based on approximately 3 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £899 per month.
Estimated property value in Mount Vernon Road, Edinburgh, EH16 is £202,183. Average asking price is £214,478 while average price paid is £153,344 which is up by £19,617 and Avg. asking rent £899.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 Mount Vernon Road, Edinburgh, EH16 area. In last 1 year alone average price buyer paid is around £153,344 based on approximately 3 sales in Mount Vernon Road, Edinburgh, EH16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £144,338. 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 £137,629 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £133,448 per sale.