Average Price for property in Royal Terrace, Edinburgh, EH7 is around £682,763 which varies based on type of property you are interested in and ranges from £1,322,215 for terraced house to around £531,239 for a flat. Values have been changing and have risen £8,736 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £24,087 in last 6 months, £62,073 in last 1 year, £82,679 in last 2 years, £94,219 in last 3 years, £97,560 in last 4 years and £84,904 in last 5 years.
Currently average asking price of a property in Royal Terrace, Edinburgh, EH7 is around £192,519 based on approximately 1 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £826 per month.
Estimated property value in Royal Terrace, Edinburgh, EH7 is £682,763. Average asking price is £192,519 while average price paid is £540,000 which is up by £62,073 and Avg. asking rent £826.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 Terrace, Edinburgh, EH7 area. In last 1 year alone average price buyer paid is around £540,000 based on approximately 1 sales in Royal Terrace, Edinburgh, EH7 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £589,402. 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 £531,363 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £549,689 per sale.