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Property details for Flat 19, 2 Melvin Walk, Edinburgh EH3 8EQ

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Zoopla Estimate: £191,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £191,000
    Refine estimate

  • Value change
    2,750 (1.5%) 450 (0.2%) 5,600 (3.0%) 19,150 (11.2%) 28,200 (17.3%) 32,200 (20.3%) 30,000 (18.7%)  
    from 
  • Rental value
    £700 pcm
  • Confidence level
    87
  • Value range
    £183,000 - £198,000
  • Rental range
    £650 - £750 pcm

Monthly running costs Beta

£510 Monthly total
Remortgage
Property value
Loan amount (60%) 114,600
Repayment term 25
Interest rate 0.5
Your payment £406 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Energy Gas -- Electricity -- Estimated energy cost --/mo (--/yr) Compare energy deals now In partnership with
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: unknown kWh/year
Electricity: unknown kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Edinburgh

Estimated tax band C Council tax cost £104 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply -- Sewerage -- Estimated water cost -- /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Last sale: £159,000 | Sale date: 31st Oct 2012

This property is located at 2 Melvin Walk, Edinburgh EH3 8EQ and has an estimated current value of £191,000. Melvin Walk has 43 flats on it with a average current value of £250,390, compared to an average property value of £393,426 for EH3. There have been 46 property sales on Melvin Walk, EH3 over the last 5 years with an average house price paid of £212,113 and this property was last sold on 31st Oct 2012 for £159,000. There are currently 50 houses and flats for sale in EH3 with an average asking price of £426,660 and 96 homes to rent in EH3 with an average asking rent of £617 pw.

Owner info

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Back to Melvin Walk results

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Market activity
Average price paid £364,340 Sales 599 Current average value £393,426 (Zoopla Zed-Index) Value change £3,983 ▲ 1.02%

What is the current average value of properties in EH3?

The current average value in EH3 in December 2016 is £393,426. This has increased 1.04% from September 2016. Terraced properties sold for a current average value of £716,308 and semi-detached properties valued £783,726. In the past year property prices in EH3 have increased 1.02%. This is according to the current Zoopla estimates.

Property value data/graphs for EH3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £968,156 £389 4.3 £1,051,514
Semi-detached £783,726 £366 3.8 £607,580
Terraced £716,308 £375 3.5 £759,592
Flats £337,656 £372 2.2 £298,136

Current asking prices in EH3

Average: £394,550
Avg. current asking prices in EH3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £87,500
(2)
- £325,000
(2)
£625,000
(1)
-
Flats £179,286
(7)
£319,400
(10)
£477,360
(25)
£455,000
(2)
£649,995
(1)
All £158,889
(9)
£319,400
(10)
£466,074
(27)
£511,667
(3)
£649,995
(1)

Current asking rents in EH3

Average: £1,481 pcm
Avg. current asking prices in EH3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £1,495 pcm
(1)
- - -
Flats £815 pcm
(16)
£1,442 pcm
(30)
£2,170 pcm
(14)
£3,084 pcm
(3)
-
All £816 pcm
(16)
£1,444 pcm
(31)
£2,170 pcm
(14)
£3,084 pcm
(3)
-

Fun facts for EH3

Highest value in EH3
Highest value streets Zed-Index
Heriot Row £1,197,404
Saxe Coburg Place £1,142,595
Melville Street £1,135,656
Kinnear Road £1,005,264
Inverleith Place £1,004,474
Highest turnover in EH3
Highest turnover streets Turnover
Melvin Walk 107.0%
Gloucester Square 63.6%
Canning Street 53.6%
South West Lane 50.0%
Inverleith Place Lane 50.0%

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  • currently 4 stars
Very good - 84% (637 ratings)

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