PH16

Real Estate Area Guide For PH16

 
 

PH16 Map

Estimated Price: £255,729
Average Asking Price: £267,774
Price change in last one year: £6,428
Average Price Paid: £220,816
Average Rent Rates: £816

Reid Estate Ltd
Inveralmond Business Centre, 6 Auld Bond Road, Pe

Free House valuation

 

Property Prices Breakdown in PH16

Average Price for property in PH16 is around £255,729 which varies based on type of property you are interested in and ranges from £400,218 for detached house to around £186,718 for semi-detached. Similarly terraced house is around £205,252 and a flat is worth £133,296. Values have been changing and have risen £1,616 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,007 in last 6 months, £6,428 in last 1 year, £22,646 in last 2 years, £14,985 in last 3 years, £19,807 in last 4 years and £22,777 in last 5 years.

Currently average asking price of a property in PH16 is around £267,774 based on approximately 84 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £816 per month.

Estimated property value in PH16 is £255,729. Average asking price is £267,774 while average price paid is £215,800 which is up by £6,428 and Avg. asking rent £816.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 PH16 area. In last 1 year alone average price buyer paid is around £215,800 based on approximately 84 sales in PH16 area alone. If you compare it to last 3 years sales of 211 properties where buyers paid around £213,388. 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 £220,816 for 327 and average amount paid for purchase of approx. 437 properties sold in last 7 years comes to about £223,376 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 £104,862, £223,660 for a 3 bedroom house, £354,905 for a 4 bedroom house and £419,000 for a 5 bedroom house. For a flat the prices of 2 bedroom is £181,167. To sum up the asking prices for properties in PH16 it comes to around average £125,673 for 2 bedroom property, £223,660 for 3 bedroom, £354,905 for 4 bedroom and £419,000 for 5 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 £570 for 2 bedroom to £1,172 for 5 bedroom. But if you are interested in renting a 3 bedroom flat then rent per month can be around £594. You should be generally be expecting around average £570 rent per month for 2 bedroom property, £594 for 3 bedroom and approximately £1,172 for 5 bedroom property in PH16 area.

Popular Houses in PH16

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.

Browse by Streets in PH16