Average Price for property in Mountcastle Bank, Edinburgh, EH8 is around £244,549 which varies based on type of property you are interested in and ranges from £233,998 for semi-detached to around £253,557 for terraced house. Values have been changing and have risen £3,203 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,674 in last 6 months, £23,362 in last 1 year, £28,883 in last 2 years, £34,646 in last 3 years, £32,860 in last 4 years and £28,349 in last 5 years.
Currently average asking price of a property in Mountcastle Bank, Edinburgh, EH8 is around £167,169 based on approximately 2 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £891 per month.
Estimated property value in Mountcastle Bank, Edinburgh, EH8 is £244,549. Average asking price is £167,169 while average price paid is £206,500 which is up by £23,362 and Avg. asking rent £891.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 Mountcastle Bank, Edinburgh, EH8 area. In last 1 year alone average price buyer paid is around £206,500 based on approximately 2 sales in Mountcastle Bank, Edinburgh, EH8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £199,750. 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 £200,600 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £207,875 per sale.