Rankin Avenue, Edinburgh, EH9

Street Guide For Rankin Avenue, Edinburgh, EH9

 

Rankin Avenue, Edinburgh, EH9 Map

Estimated Price: £176,621
Average Asking Price: £522,966
Price change in last one year: £17,201
Average Price Paid: £143,779
Average Rent Rates: £1,267

 

Property Prices Breakdown in Rankin Avenue, Edinburgh, EH9

Average Price for property in Rankin Avenue, Edinburgh, EH9 is around £176,621 which varies based on type of property you are interested in and ranges from £194,642 for terraced house to around £158,166 for a flat. Values have been changing and have risen £2,967 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,985 in last 6 months, £17,201 in last 1 year, £22,189 in last 2 years, £25,957 in last 3 years, £25,181 in last 4 years and £23,339 in last 5 years.

Currently average asking price of a property in Rankin Avenue, Edinburgh, EH9 is around £522,966 based on approximately 3 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 Rankin Avenue, Edinburgh, EH9 is £176,621. Average asking price is £522,966 while average price paid is £134,570 which is up by £17,201 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 Rankin Avenue, Edinburgh, EH9 area. In last 1 year alone average price buyer paid is around £134,570 based on approximately 3 sales in Rankin Avenue, Edinburgh, EH9 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £147,810. 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 £143,779 for 18 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £153,495 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 Rankin Avenue, 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 £625. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £956, £1,250 for 3 bedroom, £1,690 for 4 bedroom and around £2,150 for 5 bedroom flat. You should be generally be expecting around average £625 rent per month for single bedroom property, £948 for 2 bedroom, £1,250 for 3 bedroom, £1,690 for 4 bedroom and approximately £2,220 for a 5 bedroom property in Rankin Avenue, Edinburgh, EH9 area.

Popular Houses in Rankin Avenue, 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 Rankin Avenue, Edinburgh, EH9