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

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Zoopla Estimate: £184,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £184,000
    Refine estimate

  • Value change
    1,450 (-0.8%) 7,950 (-4.1%) 5,300 (3.0%) 2,500 (1.4%) 25,250 (15.9%) 25,200 (15.9%) 32,600 (21.5%)  
    from 
  • Rental value
    £700 pcm
  • Confidence level
    87
  • Value range
    £177,000 - £192,000
  • Rental range
    £650 - £750 pcm

Monthly running costs Beta

£495 Monthly total
Remortgage
Property value
Loan amount (60%) 110,400
Repayment term 25
Interest rate 0.5
Your payment £391 /mo Find remortgage deals In partnership with uSwitch
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 uSwitch
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 £184,000. Melvin Walk has 43 flats on it with a average current value of £242,470, compared to an average property value of £381,587 for EH3. There have been 44 property sales on Melvin Walk, EH3 over the last 5 years with an average house price paid of £218,050 and this property was last sold on 31st Oct 2012 for £159,000. There are currently 41 houses and flats for sale in EH3 with an average asking price of £456,097 and 147 homes to rent in EH3 with an average asking rent of £338 pw.

Owner info

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Market activity
Average price paid £395,096 Sales 589 Current average value £381,587 (Zoopla Zed-Index) Value change £14,269 ▲ 3.88%

Property value data/graphs for EH3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £934,491 £366 4.3 £1,051,514
Semi-detached £753,087 £353 3.8 £310,161
Terraced £692,477 £351 3.5 £818,150
Flats £327,514 £355 2.2 £318,818

Current asking prices in EH3

Average: £458,658
Avg. current asking prices in EH3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £551,500
(4)
£629,000
(1)
£1,322,500
(2)
Flats £211,667
(6)
£313,333
(9)
£473,824
(17)
£525,000
(1)
£549,995
(1)
All £211,667
(6)
£313,333
(9)
£488,619
(21)
£577,000
(2)
£1,064,998
(3)

Current asking rents in EH3

Average: £1,464 pcm
Avg. current asking prices in EH3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £650 pcm
(4)
- £1,238 pcm
(4)
£1,551 pcm
(1)
£3,675 pcm
(1)
Flats £886 pcm
(28)
£1,393 pcm
(58)
£1,831 pcm
(34)
£2,302 pcm
(13)
£1,709 pcm
(3)
All £856 pcm
(32)
£1,393 pcm
(58)
£1,768 pcm
(38)
£2,248 pcm
(14)
£2,200 pcm
(4)

Fun facts for EH3

Highest value in EH3
Highest value streets Zed-Index
Heriot Row £1,156,970
Saxe Coburg Place £1,097,667
Melville Street £1,097,270
Kinnear Road £962,312
Arboretum Road £952,108
Highest turnover in EH3
Highest turnover streets Turnover
Melvin Walk 102.3%
Gloucester Square 54.5%
Canning Street 53.6%
South West Lane 50.0%
Inverleith Place Lane 50.0%

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  • currently 4 stars
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