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

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Zoopla Estimate: £181,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £181,000
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  • Value change
    600 (0.3%) 550 (0.3%) 3,050 (1.7%) 5,250 (3.0%) 17,400 (10.6%) 17,550 (10.7%) 25,600 (16.5%)  
    from 
  • Rental value
    £700 pcm
  • Confidence level
    88
  • Value range
    £174,000 - £188,000
  • Rental range
    £650 - £750 pcm

Monthly running costs Beta

£489 Monthly total
Remortgage
Property value
Loan amount (60%) 108,600
Repayment term 25
Interest rate 0.5
Your payment £385 /month 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 Electricity -- Estimated energy cost -- /month Find energy deals 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

Electricity: unknown kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Edinburgh

Estimated tax band C Council tax cost £104 /month
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 -- /month
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 £181,000. Melvin Walk has 43 flats on it with a average current value of £237,655, compared to an average property value of £373,729 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 75 houses and flats for sale in EH3 with an average asking price of £397,742 and 117 homes to rent in EH3 with an average asking rent of £425 pw.

Owner info

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Market activity
Average price paid £338,603 Sales 714 Current average value £373,729 (Zoopla Zed-Index) Value change £3,385 ▲ 0.91%

Property value data/graphs for EH3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £941,576 £359 4.3 £726,000
Semi-detached £719,391 £342 3.8 £445,942
Terraced £680,903 £352 3.5 £654,866
Flats £321,891 £348 2.2 £285,578

Current asking prices in EH3

Average: £406,776
Avg. current asking prices in EH3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £85,000
(1)
£345,000
(2)
£250,000
(1)
£550,000
(1)
-
Flats £189,833
(6)
£341,190
(21)
£455,120
(33)
£482,143
(7)
-
All £174,857
(7)
£341,522
(23)
£449,087
(34)
£490,625
(8)
-

Current asking rents in EH3

Average: £1,821 pcm
Avg. current asking prices in EH3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £1,200 pcm
(1)
£949 pcm
(1)
£1,950 pcm
(1)
- -
Flats £1,209 pcm
(24)
£1,623 pcm
(38)
£2,946 pcm
(12)
£3,167 pcm
(6)
£2,847 pcm
(3)
All £1,209 pcm
(25)
£1,606 pcm
(39)
£2,869 pcm
(13)
£3,167 pcm
(6)
£2,847 pcm
(3)

Fun facts for EH3

Highest value in EH3
Highest value streets Zed-Index
Melville Crescent £1,633,840
Forres Street £1,160,990
Heriot Row £1,121,865
Inverleith Avenue South £1,092,031
Saxe Coburg Place £1,050,577
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% (599 ratings)

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