The Orchard, Ormiston, Tranent, EH35

Street Guide For The Orchard, Ormiston, Tranent, EH35

 

The Orchard, Ormiston, Tranent, EH35 Map

Estimated Price: £185,899
Average Asking Price: £285,874
Price change in last one year: £18,396
Average Price Paid: £139,333
Average Rent Rates: £775

 

Property Prices Breakdown in The Orchard, Ormiston, Tranent, EH35

Average Price for property in The Orchard, Ormiston, Tranent, EH35 is around £185,899 which varies based on type of property you are interested in and ranges from £207,443 for detached house to around £147,176 for semi-detached. Values have been changing and have risen £2,903 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,723 in last 6 months, £18,396 in last 1 year, £22,644 in last 2 years, £25,437 in last 3 years, £26,464 in last 4 years and £22,169 in last 5 years.

Currently average asking price of a property in The Orchard, Ormiston, Tranent, EH35 is around £285,874 based on approximately 1 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £775 per month.

Estimated property value in The Orchard, Ormiston, Tranent, EH35 is £185,899. Average asking price is £285,874 while average price paid is £135,000 which is up by £18,396 and Avg. asking rent £775.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 The Orchard, Ormiston, Tranent, EH35 area. In last 1 year alone average price buyer paid is around £135,000 based on approximately 1 sales in The Orchard, Ormiston, Tranent, EH35 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £141,000. 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 £139,333 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £142,200 per sale.

 
 

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 2 bedroom is around £120,000, £321,665 for a 3 bedroom house and £199,000 for a 4 bedroom house. For a flat similarly the prices varies from £83,000 for a single bedroom to £95,000 for a 2 bedroom Flat. To sum up the asking prices for properties in The Orchard, Ormiston, Tranent, EH35 it comes to around average £83,000 for 1 bedroom property, £107,500 for 2 bedroom, £321,665 for 3 bedroom and £199,000 for 4 bedroom.

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 is £641 for 2 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £576. You should be generally be expecting around average £608 rent per month for 2 bedroom property in The Orchard, Ormiston, Tranent, EH35 area.

Popular Houses in The Orchard, Ormiston, Tranent, EH35

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.

Areas in and around The Orchard, Ormiston, Tranent, EH35