Smithfield Street, Edinburgh, EH11

Street Guide For Smithfield Street, Edinburgh, EH11

 

Smithfield Street, Edinburgh, EH11 Map

Estimated Price: £120,776
Average Asking Price: £167,142
Price change in last one year: £12,517
Average Price Paid: £97,811
Average Rent Rates: £698

 

Property Prices Breakdown in Smithfield Street, Edinburgh, EH11

Average Price for property in Smithfield Street, Edinburgh, EH11 is around £120,776 e.g. average price for a flat is around 120,517. Values have been changing and have risen £1,934 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,221 in last 6 months, £12,517 in last 1 year, £15,339 in last 2 years, £16,923 in last 3 years, £17,923 in last 4 years and £14,663 in last 5 years.

Currently average asking price of a property in Smithfield Street, Edinburgh, EH11 is around £167,142 based on approximately 6 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 Smithfield Street, Edinburgh, EH11 is £120,776. Average asking price is £167,142 while average price paid is £102,825 which is up by £12,517 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 Smithfield Street, Edinburgh, EH11 area. In last 1 year alone average price buyer paid is around £102,825 based on approximately 6 sales in Smithfield Street, Edinburgh, EH11 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £94,646. 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 £97,811 for 17 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £106,552 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 £145,399, £255,643 for a 3 bedroom house and £259,333 for a 4 bedroom house. For a flat similarly the prices varies from £110,195 for a single bedroom to £142,454 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £205,790 and £264,833 for a 4 bedroom flat. To sum up the asking prices for properties in Smithfield Street, Edinburgh, EH11 it comes to around average £110,195 for 1 bedroom property, £142,695 for 2 bedroom, £234,871 for 3 bedroom and £262,083 for 4 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 £650 for 2 bedroom to £1,352 for 3 bedroom and £1,174 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £572. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £741, £922 for 3 bedroom and £1,599 for 4 bedroom. You should be generally be expecting around average £572 rent per month for single bedroom property, £738 for 2 bedroom, £1,029 for 3 bedroom and approximately £1,386 for 4 bedroom property in Smithfield Street, Edinburgh, EH11 area.

Popular Houses in Smithfield Street, Edinburgh, EH11

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 Smithfield Street, Edinburgh, EH11