Average Price for property in Richmond Terrace, Edinburgh, EH11 is around £182,322 which varies based on type of property you are interested in and ranges from £173,067 for terraced house to around £182,324 for a flat. Values have been changing and have risen £2,918 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,879 in last 6 months, £18,891 in last 1 year, £23,147 in last 2 years, £25,537 in last 3 years, £27,047 in last 4 years and £22,122 in last 5 years.
Currently average asking price of a property in Richmond Terrace, Edinburgh, EH11 is around £167,142 based on approximately 1 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £698 per month.
Estimated property value in Richmond Terrace, Edinburgh, EH11 is £182,322. Average asking price is £167,142 while average price paid is £156,125 which is up by £18,891 and Avg. asking rent £698.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 Richmond Terrace, Edinburgh, EH11 area. In last 1 year alone average price buyer paid is around £156,125 based on approximately 1 sales in Richmond Terrace, Edinburgh, EH11 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £150,201. 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 £149,901 for 8 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £158,809 per sale.