Lauder

Area Guide For Lauder

The Royal Burgh of Lauder is a town in the Scottish Borders in the memorable province of Berwickshire. On the Southern Upland Way, the burgh lies 27 miles south east of Edinburgh, on the western edge of the Lammermuir Hills. 

The current populace of the town is around 1500 despite the fact that it is quickly growing as more than 100 new homes are being based on the southern limit. This implies that, toward the start of the 21st century, the populace is approaching what it was toward the start of the twentieth century before the time of termination throughout the most recent 100 years. 

Lauder is today emphatically impacted by its vicinity to Edinburgh as it is presently thought to be sufficiently close for individuals to drive into the capital for work. The transport administration to Edinburgh is dependable however rare. 

Current issues for civil argument in Lauder are the town's development - whether it is required or alluring - the area of another elementary school, and the area and degree of wind ranches on the encompassing slopes. Additionally on the plan is the open deliberation encompassing the formation of another wellbeing focus in the burgh.

 
 

Lauder Map

Estimated Price: £241,542
Average Asking Price: £275,684
Price change in last one year: £7,439
Average Price Paid: £199,287
Average Rent Rates: £446

 
 

Property Prices Breakdown in Lauder

Average Price for property in Lauder is around £241,542 which varies based on type of property you are interested in and ranges from £293,220 for detached house to around £154,933 for semi-detached. Similarly terraced house is around £199,048 and a flat is worth £102,946. Values have been changing and have risen £611 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £343 in last 6 months, £7,439 in last 1 year, £22,081 in last 2 years, £21,344 in last 3 years, £28,097 in last 4 years and £21,554 in last 5 years.

Currently average asking price of a property in Lauder is around £275,684 based on approximately 25 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £446 per month.

Estimated property value in Lauder is £241,542. Average asking price is £275,684 while average price paid is £202,888 which is up by £7,439 and Avg. asking rent £446.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 Lauder area. In last 1 year alone average price buyer paid is around £202,888 based on approximately 25 sales in Lauder area alone. If you compare it to last 3 years sales of 75 properties where buyers paid around £195,311. 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 £199,287 for 137 and average amount paid for purchase of approx. 216 properties sold in last 7 years comes to about £212,910 per sale.

 
 

Properties For Sale in Lauder

 
 

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 £170,000, £134,998 for a 2 bedroom house, £230,000 for a 3 bedroom house, £328,800 for a 4 bedroom house and £466,000 for a 5 bedroom house. For a flat the prices of 3 bedroom is £90,000. To sum up the asking prices for properties in Lauder it comes to around average £170,000 for 1 bedroom property, £134,998 for 2 bedroom, £183,333 for 3 bedroom, £328,800 for 4 bedroom and £466,000 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 £446 for 2 bedroom. You should be generally be expecting around average £446 rent per month for 2 bedroom property in Lauder area.

Popular Houses in Lauder

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.

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