South Queensferry

Area Guide For South Queensferry

The Forth Bridge is a cantilever railway bridge over the Firth of Forth in the east of Scotland, to the east of the Forth Road Bridge, and 14 kilometres (9 mi) west of central Edinburgh. It was opened on 4 March 1890, and spans a total length of 2,528.7 metres (8,296 ft). It is often called the Forth Rail Bridge or Forth Railway Bridge to distinguish it from the Forth Road Bridge, although it has been called the "Forth Bridge" since its construction, and was for over seventy years the sole claimant to this name. The bridge connects Scotland's capital city, Edinburgh, with Fife, leaving the Lothians at Dalmeny and arriving in Fife at North Queensferry; it acts as a major artery connecting the north-east and south-east of the country. Described by the Collins Encyclopaedia of Scotland as "the one immediately and internationally recognised Scottish landmark", it is a Category A listed building and was nominated by the British government in May 2011 for addition to the UNESCO World Heritage Sites in Scotland. Until 1917, when the Quebec Bridge was completed, the Forth Bridge had the longest single cantilever bridge span in the world. It still has the world's second-longest single span.
 
 

South Queensferry Map

Estimated Price: £215,508
Average Asking Price: £260,025
Price change in last one year: £19,692
Average Price Paid: £188,529
Average Rent Rates: £760

 
 

Property Prices Breakdown in South Queensferry

Average Price for property in South Queensferry is around £215,508 which varies based on type of property you are interested in and ranges from £361,682 for detached house to around £223,646 for semi-detached. Similarly terraced house is around £179,440 and a flat is worth £149,167. Values have been changing and have risen £2,882 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,415 in last 6 months, £19,692 in last 1 year, £25,773 in last 2 years, £28,258 in last 3 years, £28,182 in last 4 years and £24,346 in last 5 years.

Currently average asking price of a property in South Queensferry is around £260,025 based on approximately 99 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £760 per month.

Estimated property value in South Queensferry is £215,508. Average asking price is £260,025 while average price paid is £195,718 which is up by £19,692 and Avg. asking rent £760.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 Queensferry area. In last 1 year alone average price buyer paid is around £195,718 based on approximately 99 sales in South Queensferry area alone. If you compare it to last 3 years sales of 358 properties where buyers paid around £177,000. 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 £188,529 for 536 and average amount paid for purchase of approx. 772 properties sold in last 7 years comes to about £186,680 per sale.

 
 

Properties For Sale in South Queensferry

 
 

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 1 bedroom is around £64,995, £154,994 for a 2 bedroom house, £176,345 for a 3 bedroom house, £297,286 for a 4 bedroom house and £581,500 for a 5 bedroom house. For a flat similarly the prices varies from £86,495 for a single bedroom to £112,743 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £180,000. To sum up the asking prices for properties in South Queensferry it comes to around average £79,328 for 1 bedroom property, £135,111 for 2 bedroom, £176,606 for 3 bedroom, £297,286 for 4 bedroom and £581,500 for a 5 bedroom property.

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 £886 for 3 bedroom to £1,200 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £591. You should be generally be expecting around average £494 rent per month for single bedroom property, £591 for 2 bedroom, £886 for 3 bedroom and approximately £1,200 for 4 bedroom property in South Queensferry area.

Popular Houses in South Queensferry

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.

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