New Belfield, Edinburgh, EH8

Street Guide For New Belfield, Edinburgh, EH8

 

New Belfield, Edinburgh, EH8 Map

Estimated Price: £147,793
Average Asking Price: £167,169
Price change in last one year: £14,120
Average Price Paid: £110,000
Average Rent Rates: £891

 

Property Prices Breakdown in New Belfield, Edinburgh, EH8

Average Price for property in New Belfield, Edinburgh, EH8 is around £147,793 e.g. average price for a flat is around 147,793. Values have been changing and have risen £1,936 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,242 in last 6 months, £14,120 in last 1 year, £17,459 in last 2 years, £20,944 in last 3 years, £19,868 in last 4 years and £17,145 in last 5 years.

Currently average asking price of a property in New Belfield, Edinburgh, EH8 is around £167,169 based on approximately 0 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 New Belfield, Edinburgh, EH8 is £147,793. Average asking price is £167,169 while average price paid is £110,000 which is up by £17,145 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 New Belfield, Edinburgh, EH8 area. In last 5 years alone average price buyer paid is around £110,000 based on approximately 1 sales in New Belfield, Edinburgh, EH8 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £117,500.

 
 

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 £65,000, £190,000 for a 2 bedroom house, £315,000 for a 3 bedroom house and £224,982 for a 4 bedroom house. For a flat similarly the prices varies from £132,143 for a single bedroom to £156,666 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £249,000 and £355,000 for a 4 bedroom flat. To sum up the asking prices for properties in New Belfield, Edinburgh, EH8 it comes to around average £127,667 for 1 bedroom property, £158,182 for 2 bedroom, £273,750 for 3 bedroom and £257,486 for 4 bedroom.

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 £446 for 1 bedroom to £1,001 for 2 bedroom and £1,001 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £589. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £842, £1,038 for 3 bedroom and £1,754 for 4 bedroom. You should be generally be expecting around average £575 rent per month for single bedroom property, £854 for 2 bedroom, £1,038 for 3 bedroom and approximately £1,566 for 4 bedroom property in New Belfield, Edinburgh, EH8 area.

Popular Houses in New Belfield, Edinburgh, EH8

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 New Belfield, Edinburgh, EH8