Values have been changing and have risen £1,888 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,114 in last 6 months, £13,774 in last 1 year, £17,030 in last 2 years, £20,430 in last 3 years, £19,380 in last 4 years and £16,725 in last 5 years.
Currently average asking price of a property in South Mellis Park, Edinburgh, EH8 is around £167,169 based on approximately 0 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 South Mellis Park, Edinburgh, EH8 is £144,157. Average asking price is £167,169 while average price paid is £122,500 which is up by £20,430 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 South Mellis Park, Edinburgh, EH8 area. In last 3 years alone average price buyer paid is around £122,500 based on approximately 2 sales in South Mellis Park, Edinburgh, EH8 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £122,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £122,500 for 2 per sale.