Northumberland Street, New Town, Edinburgh, EH3

Street Guide For Northumberland Street, New Town, Edinburgh, EH3

 

Northumberland Street, New Town, Edinburgh, EH3 Map

Estimated Price: £887,594
Average Asking Price: £462,603
Price change in last one year: £78,997
Average Price Paid: £790,054
Average Rent Rates: £1,356

 

Property Prices Breakdown in Northumberland Street, New Town, Edinburgh, EH3

Values have been changing and have risen £12,530 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £31,972 in last 6 months, £78,997 in last 1 year, £96,882 in last 2 years, £108,584 in last 3 years, £124,972 in last 4 years and £109,626 in last 5 years.

Currently average asking price of a property in Northumberland Street, New Town, Edinburgh, EH3 is around £462,603 based on approximately 7 properties for sale. Same is the case with rental options based on 135 properties up for rent, average asking rent is around £1,356 per month.

Estimated property value in Northumberland Street, New Town, Edinburgh, EH3 is £887,594. Average asking price is £462,603 while average price paid is £825,000 which is up by £78,997 and Avg. asking rent £1,356.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 Northumberland Street, New Town, Edinburgh, EH3 area. In last 1 year alone average price buyer paid is around £825,000 based on approximately 7 sales in Northumberland Street, New Town, Edinburgh, EH3 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £666,440. 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 £790,054 for 38 and average amount paid for purchase of approx. 44 properties sold in last 7 years comes to about £785,502 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 £325,000, £340,000 for a 3 bedroom house, £894,167 for a 4 bedroom house and £1,450,000 for a 5 bedroom house. For a flat similarly the prices varies from £197,272 for a single bedroom to £321,735 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £443,714, £563,181 for a 4 bedroom flat and £575,000 for a 5 bedroom flat. To sum up the asking prices for properties in Northumberland Street, New Town, Edinburgh, EH3 it comes to around average £197,272 for 1 bedroom property, £321,800 for 2 bedroom, £436,800 for 3 bedroom, £680,000 for 4 bedroom and £925,000 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 £606 for 1 bedroom to £1,060 for 2 bedroom, £1,352 for 3 bedroom and £3,124 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £878. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,234, £1,607 for 3 bedroom, £3,703 for 4 bedroom and around £1,993 for 5 bedroom flat. You should be generally be expecting around average £813 rent per month for single bedroom property, £1,228 for 2 bedroom, £1,599 for 3 bedroom, £3,703 for 4 bedroom and approximately £2,747 for a 5 bedroom property in Northumberland Street, New Town, Edinburgh, EH3 area.

Popular Houses in Northumberland Street, New Town, Edinburgh, EH3

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 Northumberland Street, New Town, Edinburgh, EH3