Myrtle Grove, Mayfield, Dalkeith, EH22

Street Guide For Myrtle Grove, Mayfield, Dalkeith, EH22

 

Myrtle Grove, Mayfield, Dalkeith, EH22 Map

Estimated Price: £129,574
Average Asking Price: £228,477
Price change in last one year: £11,919
Average Price Paid: £59,509
Average Rent Rates: £718

 

Property Prices Breakdown in Myrtle Grove, Mayfield, Dalkeith, EH22

Average Price for property in Myrtle Grove, Mayfield, Dalkeith, EH22 is around £129,574 e.g. average price for terraced house is around 152,789. Values have been changing and have risen £1,880 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,003 in last 6 months, £11,919 in last 1 year, £14,671 in last 2 years, £16,483 in last 3 years, £17,149 in last 4 years and £14,369 in last 5 years.

Currently average asking price of a property in Myrtle Grove, Mayfield, Dalkeith, EH22 is around £228,477 based on approximately 1 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £718 per month.

Estimated property value in Myrtle Grove, Mayfield, Dalkeith, EH22 is £129,574. Average asking price is £228,477 while average price paid is £25,000 which is up by £11,919 and Avg. asking rent £718.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 Myrtle Grove, Mayfield, Dalkeith, EH22 area. In last 1 year alone average price buyer paid is around £25,000 based on approximately 1 sales in Myrtle Grove, Mayfield, Dalkeith, EH22 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £25,000. 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 £59,509 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £59,509 per sale.

 
 

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 2 bedroom is around £138,934, £156,691 for a 3 bedroom house, £280,612 for a 4 bedroom house and £376,166 for a 5 bedroom house. For a flat similarly the prices varies from £125,000 for a single bedroom to £126,830 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £122,199. To sum up the asking prices for properties in Myrtle Grove, Mayfield, Dalkeith, EH22 it comes to around average £125,000 for 1 bedroom property, £133,747 for 2 bedroom, £153,241 for 3 bedroom, £280,612 for 4 bedroom and £376,166 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £581 for 2 bedroom to £785 for 3 bedroom and £1,751 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £507. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £610 and £754 for 3 bedroom. You should be generally be expecting around average £507 rent per month for single bedroom property, £601 for 2 bedroom, £771 for 3 bedroom and approximately £1,751 for 5 bedroom property in Myrtle Grove, Mayfield, Dalkeith, EH22 area.

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.

Areas in and around Myrtle Grove, Mayfield, Dalkeith, EH22