Newington Road, Edinburgh, EH9

Street Guide For Newington Road, Edinburgh, EH9

 

Newington Road, Edinburgh, EH9 Map

Estimated Price: £312,825
Average Asking Price: £522,966
Price change in last one year: £30,461
Average Price Paid: £222,142
Average Rent Rates: £1,267

 

Property Prices Breakdown in Newington Road, Edinburgh, EH9

Average Price for property in Newington Road, Edinburgh, EH9 is around £312,825 which varies based on type of property you are interested in and ranges from £604,895 for terraced house to around £306,637 for a flat. Values have been changing and have risen £5,253 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,141 in last 6 months, £30,461 in last 1 year, £39,292 in last 2 years, £45,962 in last 3 years, £44,582 in last 4 years and £41,316 in last 5 years.

Currently average asking price of a property in Newington Road, Edinburgh, EH9 is around £522,966 based on approximately 1 properties for sale. Same is the case with rental options based on 67 properties up for rent, average asking rent is around £1,267 per month.

Estimated property value in Newington Road, Edinburgh, EH9 is £312,825. Average asking price is £522,966 while average price paid is £175,000 which is up by £30,461 and Avg. asking rent £1,267.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 Newington Road, Edinburgh, EH9 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 1 sales in Newington Road, Edinburgh, EH9 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £224,250. 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 £222,142 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £213,225 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 £102,475, £151,500 for a 2 bedroom house, £875,000 for a 3 bedroom house, £796,667 for a 4 bedroom house and £982,857 for a 5 bedroom house. For a flat similarly the prices varies from £123,400 for a single bedroom to £287,781 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £303,727, £516,500 for a 4 bedroom flat and £415,000 for a 5 bedroom flat. To sum up the asking prices for properties in Newington Road, Edinburgh, EH9 it comes to around average £117,421 for 1 bedroom property, £272,639 for 2 bedroom, £351,333 for 3 bedroom, £636,571 for 4 bedroom and £911,875 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 £793 for 2 bedroom to £2,431 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £633. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £931, £1,253 for 3 bedroom, £1,690 for 4 bedroom and around £2,150 for 5 bedroom flat. You should be generally be expecting around average £633 rent per month for single bedroom property, £924 for 2 bedroom, £1,253 for 3 bedroom, £1,690 for 4 bedroom and approximately £2,220 for a 5 bedroom property in Newington Road, Edinburgh, EH9 area.

Popular Houses in Newington Road, Edinburgh, EH9

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 Newington Road, Edinburgh, EH9