Average Price for property in Somerset Place, Edinburgh, EH6 is around £213,510 which varies based on type of property you are interested in and ranges from £160,932 for terraced house to around £158,905 for a flat. Values have been changing and have risen £2,984 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,485 in last 6 months, £19,659 in last 1 year, £26,671 in last 2 years, £28,975 in last 3 years, £29,388 in last 4 years and £25,259 in last 5 years.
Currently average asking price of a property in Somerset Place, Edinburgh, EH6 is around £165,959 based on approximately 1 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £730 per month.
Estimated property value in Somerset Place, Edinburgh, EH6 is £213,510. Average asking price is £165,959 while average price paid is £360,000 which is up by £19,659 and Avg. asking rent £730.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 Somerset Place, Edinburgh, EH6 area. In last 1 year alone average price buyer paid is around £360,000 based on approximately 1 sales in Somerset Place, Edinburgh, EH6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £243,666. 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 £243,666 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £243,666 per sale.