The Spinney, Edinburgh, EH17

Street Guide For The Spinney, Edinburgh, EH17

 

The Spinney, Edinburgh, EH17 Map

Estimated Price: £199,959
Average Asking Price: £163,732
Price change in last one year: £19,881
Average Price Paid: £176,040
Average Rent Rates: £766

 

Property Prices Breakdown in The Spinney, Edinburgh, EH17

Average Price for property in The Spinney, Edinburgh, EH17 is around £199,959 which varies based on type of property you are interested in and ranges from £159,253 for detached house to around £200,296 for semi-detached. Values have been changing and have risen £3,137 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,347 in last 6 months, £19,881 in last 1 year, £24,470 in last 2 years, £27,490 in last 3 years, £28,598 in last 4 years and £23,957 in last 5 years.

Currently average asking price of a property in The Spinney, Edinburgh, EH17 is around £163,732 based on approximately 4 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £766 per month.

Estimated property value in The Spinney, Edinburgh, EH17 is £199,959. Average asking price is £163,732 while average price paid is £183,791 which is up by £19,881 and Avg. asking rent £766.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 Spinney, Edinburgh, EH17 area. In last 1 year alone average price buyer paid is around £183,791 based on approximately 4 sales in The Spinney, Edinburgh, EH17 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £183,933. 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 £176,040 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £183,587 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 1 bedroom is around £95,833, £117,222 for a 2 bedroom house, £171,325 for a 3 bedroom house, £254,315 for a 4 bedroom house and £249,998 for a 5 bedroom house. For a flat similarly the prices varies from £83,250 for a single bedroom to £102,599 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,000 and £185,000 for a 4 bedroom flat. To sum up the asking prices for properties in The Spinney, Edinburgh, EH17 it comes to around average £88,643 for 1 bedroom property, £112,000 for 2 bedroom, £170,309 for 3 bedroom, £243,652 for 4 bedroom and £249,998 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 £686 for 2 bedroom to £846 for 3 bedroom and £1,049 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £649. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £800. You should be generally be expecting around average £667 rent per month for 2 bedroom property, £828 for 3 bedroom and approximately £1,049 for 4 bedroom property in The Spinney, Edinburgh, EH17 area.

Popular Houses in The Spinney, Edinburgh, EH17

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 Spinney, Edinburgh, EH17