Average Price for property in Penicuik is around £182,442 which varies based on type of property you are interested in and ranges from £324,133 for detached house to around £199,960 for semi-detached. Similarly terraced house is around £146,159 and a flat is worth £129,429. Values have been changing and have risen £2,404 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,184 in last 6 months, £16,423 in last 1 year, £21,495 in last 2 years, £23,570 in last 3 years, £23,507 in last 4 years and £20,309 in last 5 years.
Currently average asking price of a property in Penicuik is around £224,429 based on approximately 214 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £869 per month.
Estimated property value in Penicuik is £182,442. Average asking price is £224,429 while average price paid is £162,523 which is up by £16,423 and Avg. asking rent £869.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 Penicuik area. In last 1 year alone average price buyer paid is around £162,523 based on approximately 214 sales in Penicuik area alone. If you compare it to last 3 years sales of 545 properties where buyers paid around £157,836. 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 £158,270 for 777 and average amount paid for purchase of approx. 1,120 properties sold in last 7 years comes to about £156,309 per sale.