Average Price for property in East Lothian is around £237,625 which varies based on type of property you are interested in and ranges from £404,561 for detached house to around £224,787 for semi-detached. Similarly terraced house is around £199,679 and a flat is worth £170,778. Values have been changing and have risen £3,097 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,968 in last 6 months, £21,160 in last 1 year, £27,694 in last 2 years, £30,363 in last 3 years, £30,281 in last 4 years and £26,157 in last 5 years.
Currently average asking price of a property in East Lothian is around £267,275 based on approximately 1,401 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £827 per month.
Estimated property value in East Lothian is £237,625. Average asking price is £267,275 while average price paid is £211,192 which is up by £21,160 and Avg. asking rent £827.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 East Lothian area. In last 1 year alone average price buyer paid is around £211,192 based on approximately 1,401 sales in East Lothian area alone. If you compare it to last 3 years sales of 4,097 properties where buyers paid around £201,218. 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 £202,362 for 6,268 and average amount paid for purchase of approx. 9,157 properties sold in last 7 years comes to about £201,146 per sale.