Average Price for property in Royal Park Terrace, Edinburgh, EH8 is around £193,913 e.g. average price for a flat is around 190,953. Values have been changing and have risen £2,539 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,877 in last 6 months, £18,523 in last 1 year, £22,902 in last 2 years, £27,473 in last 3 years, £26,058 in last 4 years and £22,483 in last 5 years.
Currently average asking price of a property in Royal Park Terrace, Edinburgh, EH8 is around £167,169 based on approximately 4 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £891 per month.
Estimated property value in Royal Park Terrace, Edinburgh, EH8 is £193,913. Average asking price is £167,169 while average price paid is £206,896 which is up by £18,523 and Avg. asking rent £891.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 Royal Park Terrace, Edinburgh, EH8 area. In last 1 year alone average price buyer paid is around £206,896 based on approximately 4 sales in Royal Park Terrace, Edinburgh, EH8 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £177,518. 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 £177,144 for 20 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £174,498 per sale.