New Street, Musselburgh, EH21

Street Guide For New Street, Musselburgh, EH21

 

New Street, Musselburgh, EH21 Map

Estimated Price: £177,125
Average Asking Price: £181,083
Price change in last one year: £16,797
Average Price Paid: £139,890
Average Rent Rates: £712

 

Property Prices Breakdown in New Street, Musselburgh, EH21

Average Price for property in New Street, Musselburgh, EH21 is around £177,125 which varies based on type of property you are interested in and ranges from £517,595 for detached house to around £409,779 for semi-detached. Similarly terraced house is around £249,581 and a flat is worth £172,783. Values have been changing and have risen £2,651 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,052 in last 6 months, £16,797 in last 1 year, £20,673 in last 2 years, £23,224 in last 3 years, £24,162 in last 4 years and £20,242 in last 5 years.

Currently average asking price of a property in New Street, Musselburgh, EH21 is around £181,083 based on approximately 12 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £712 per month.

Estimated property value in New Street, Musselburgh, EH21 is £177,125. Average asking price is £181,083 while average price paid is £121,666 which is up by £16,797 and Avg. asking rent £712.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 Street, Musselburgh, EH21 area. In last 1 year alone average price buyer paid is around £121,666 based on approximately 12 sales in New Street, Musselburgh, EH21 area alone. If you compare it to last 3 years sales of 33 properties where buyers paid around £135,367. 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 £139,890 for 57 and average amount paid for purchase of approx. 79 properties sold in last 7 years comes to about £140,995 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 1 bedroom is around £102,998, £148,333 for a 2 bedroom house, £211,785 for a 3 bedroom house and £357,309 for a 4 bedroom house. For a flat similarly the prices varies from £89,282 for a single bedroom to £114,603 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £121,313, £276,667 for a 4 bedroom flat and £260,000 for a 5 bedroom flat. To sum up the asking prices for properties in New Street, Musselburgh, EH21 it comes to around average £90,261 for 1 bedroom property, £122,591 for 2 bedroom, £171,978 for 3 bedroom, £344,576 for 4 bedroom and £260,000 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 £802 for 2 bedroom to £802 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £615 and £804 for 3 bedroom. You should be generally be expecting around average £498 rent per month for single bedroom property, £638 for 2 bedroom and approximately £803 for 3 bedroom property in New Street, Musselburgh, EH21 area.

Popular Houses in New Street, Musselburgh, EH21

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 Street, Musselburgh, EH21