Average Price for property in EH31 is around £371,117 which varies based on type of property you are interested in and ranges from £587,479 for detached house to around £330,786 for semi-detached. Similarly terraced house is around £282,318 and a flat is worth £264,120. Values have been changing and have risen £5,740 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,272 in last 6 months, £36,380 in last 1 year, £44,774 in last 2 years, £50,295 in last 3 years, £52,322 in last 4 years and £43,822 in last 5 years.
Currently average asking price of a property in EH31 is around £451,814 based on approximately 48 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £783 per month.
Estimated property value in EH31 is £371,117. Average asking price is £451,814 while average price paid is £320,027 which is up by £36,380 and Avg. asking rent £783.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 EH31 area. In last 1 year alone average price buyer paid is around £320,027 based on approximately 48 sales in EH31 area alone. If you compare it to last 3 years sales of 143 properties where buyers paid around £299,884. 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 £305,803 for 216 and average amount paid for purchase of approx. 288 properties sold in last 7 years comes to about £296,203 per sale.