Wells Brae, Innerleithen, EH44

Street Guide For Wells Brae, Innerleithen, EH44

 

Wells Brae, Innerleithen, EH44 Map

Estimated Price: £273,117
Average Asking Price: £243,160
Price change in last one year: £26,144
Average Price Paid: £250,757
Average Rent Rates: £732

 

Property Prices Breakdown in Wells Brae, Innerleithen, EH44

Average Price for property in Wells Brae, Innerleithen, EH44 is around £273,117 e.g. average price for detached house is around 285,747. Values have been changing and have risen £4,125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,975 in last 6 months, £26,144 in last 1 year, £32,177 in last 2 years, £36,145 in last 3 years, £37,603 in last 4 years and £31,498 in last 5 years.

Currently average asking price of a property in Wells Brae, Innerleithen, EH44 is around £243,160 based on approximately 0 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £732 per month.

Estimated property value in Wells Brae, Innerleithen, EH44 is £273,117. Average asking price is £243,160 while average price paid is £276,515 which is up by £36,145 and Avg. asking rent £732.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 Wells Brae, Innerleithen, EH44 area. In last 3 years alone average price buyer paid is around £276,515 based on approximately 1 sales in Wells Brae, Innerleithen, EH44 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £250,757. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £248,171 for 3 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 3 bedroom is around £296,667, £303,889 for a 4 bedroom house and £745,000 for a 5 bedroom house. For a flat similarly the prices varies from £48,333 for a single bedroom to £88,414 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £135,000. To sum up the asking prices for properties in Wells Brae, Innerleithen, EH44 it comes to around average £48,333 for 1 bedroom property, £88,414 for 2 bedroom, £296,667 for 3 bedroom, £287,000 for 4 bedroom and £745,000 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 is £802 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £438. You should be generally be expecting around average £351 rent per month for single bedroom property, £438 for 2 bedroom and approximately £802 for 5 bedroom property in Wells Brae, Innerleithen, EH44 area.

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 Wells Brae, Innerleithen, EH44