Average Price for property in Netherbank, Edinburgh, EH16 is around £424,053 e.g. average price for detached house is around 412,014. Values have been changing and have risen £6,555 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,127 in last 6 months, £41,138 in last 1 year, £51,333 in last 2 years, £57,139 in last 3 years, £55,489 in last 4 years and £48,532 in last 5 years.
Currently average asking price of a property in Netherbank, Edinburgh, EH16 is around £214,478 based on approximately 4 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 Netherbank, Edinburgh, EH16 is £424,053. Average asking price is £214,478 while average price paid is £346,750 which is up by £41,138 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 Netherbank, Edinburgh, EH16 area. In last 1 year alone average price buyer paid is around £346,750 based on approximately 4 sales in Netherbank, Edinburgh, EH16 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £328,375. 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 £337,000 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £349,785 per sale.