Dunbar

Area Guide For Dunbar

Dunbar is a town in East Lothian on the southeast shore of Scotland, pretty nearly 28 miles (45 km) east of Edinburgh and 28 miles (45 km) from the English Outskirt at Berwick-upon-Tweed. Dunbar is a previous Imperial Burgh and provided for its name to a religious and common ward. The ward stretches out around 7â½ miles east to west and is 3â½ miles profound at most noteworthy degree (12 x 5.5 kilometers) or 11â¼ square miles (c. 3000 hectares) and contains the towns of West Animal dwellingplaces, Belhaven, East Horse shelters (surrendered) and a few villages and ranches. Its key position offered climb to a history brimming with episode and strife however Dunbar has turned into a calm residence town prevalent with specialists in close-by Edinburgh, who discover it a reasonable option to the capital itself. Until the 1960s the number of inhabitants in the town was minimal more than 3,500. The town is served by Dunbar railway station. Dunbar is home to the Dunbar Raft Station, the second most established RNLI station in Scotland. The name Dunbar has Brythonic roots and means more or less 'summit-fortress', which gives a sign to its causes.

 
 

Dunbar Map

Estimated Price: £238,337
Average Asking Price: £213,209
Price change in last one year: £21,376
Average Price Paid: £198,522
Average Rent Rates: £892

 
 

Property Prices Breakdown in Dunbar

Average Price for property in Dunbar is around £238,337 which varies based on type of property you are interested in and ranges from £343,831 for detached house to around £218,039 for semi-detached. Similarly terraced house is around £227,085 and a flat is worth £153,788. Values have been changing and have risen £3,128 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,049 in last 6 months, £21,376 in last 1 year, £27,974 in last 2 years, £30,672 in last 3 years, £30,588 in last 4 years and £26,421 in last 5 years.

Currently average asking price of a property in Dunbar is around £213,209 based on approximately 154 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £892 per month.

Estimated property value in Dunbar is £238,337. Average asking price is £213,209 while average price paid is £202,614 which is up by £21,376 and Avg. asking rent £892.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 Dunbar area. In last 1 year alone average price buyer paid is around £202,614 based on approximately 154 sales in Dunbar area alone. If you compare it to last 3 years sales of 467 properties where buyers paid around £195,760. 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 £198,522 for 717 and average amount paid for purchase of approx. 1,077 properties sold in last 7 years comes to about £194,874 per sale.

 
 

Properties For Sale in Dunbar

 
 

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 £95,000, £151,119 for a 2 bedroom house, £175,500 for a 3 bedroom house, £341,850 for a 4 bedroom house and £386,667 for a 5 bedroom house. For a flat similarly the prices varies from £73,500 for a single bedroom to £102,749 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £122,498 and £170,000 for a 4 bedroom flat. To sum up the asking prices for properties in Dunbar it comes to around average £76,188 for 1 bedroom property, £126,934 for 2 bedroom, £160,356 for 3 bedroom, £326,227 for 4 bedroom and £386,667 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 £886 for 3 bedroom to £1,296 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. You should be generally be expecting around average £498 rent per month for single bedroom property, £886 for 3 bedroom and approximately £1,296 for 4 bedroom property in Dunbar area.

Popular Houses in Dunbar

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.

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