Westbank Place, Edinburgh, EH15

Street Guide For Westbank Place, Edinburgh, EH15

 

Westbank Place, Edinburgh, EH15 Map

Estimated Price: £135,013
Average Asking Price: £246,600
Price change in last one year: £12,353
Average Price Paid: £113,234
Average Rent Rates: £1,296

 

Property Prices Breakdown in Westbank Place, Edinburgh, EH15

Average Price for property in Westbank Place, Edinburgh, EH15 is around £135,013 e.g. average price for a flat is around 128,359. Values have been changing and have risen £1,454 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,457 in last 6 months, £12,353 in last 1 year, £15,604 in last 2 years, £18,669 in last 3 years, £18,870 in last 4 years and £14,941 in last 5 years.

Currently average asking price of a property in Westbank Place, Edinburgh, EH15 is around £246,600 based on approximately 2 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £1,296 per month.

Estimated property value in Westbank Place, Edinburgh, EH15 is £135,013. Average asking price is £246,600 while average price paid is £109,500 which is up by £12,353 and Avg. asking rent £1,296.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 Westbank Place, Edinburgh, EH15 area. In last 1 year alone average price buyer paid is around £109,500 based on approximately 2 sales in Westbank Place, Edinburgh, EH15 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £109,500. 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 £113,234 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £115,186 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 £152,374, £296,999 for a 3 bedroom house, £390,499 for a 4 bedroom house and £585,833 for a 5 bedroom house. For a flat similarly the prices varies from £97,412 for a single bedroom to £159,940 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £183,000. To sum up the asking prices for properties in Westbank Place, Edinburgh, EH15 it comes to around average £97,412 for 1 bedroom property, £158,160 for 2 bedroom, £256,285 for 3 bedroom, £390,499 for 4 bedroom and £585,833 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 £1,450 for 3 bedroom to £1,549 for 4 bedroom and £1,751 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £1,203, £1,200 for 4 bedroom and £2,002 for 5 bedroom. You should be generally be expecting around average £494 rent per month for single bedroom property, £1,302 for 3 bedroom, £1,433 for 4 bedroom and approximately £1,876 for 5 bedroom property in Westbank Place, Edinburgh, EH15 area.

Popular Houses in Westbank Place, Edinburgh, EH15

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 Westbank Place, Edinburgh, EH15