Property prices have been becoming more and more available in
recent years, with sites like zoopla and ourproperty taking regular monthly data
feeds from Registers of Scotland, and displaying them on their sites.
Whilst this gives a chronological list of sales, what might be more useful to
the homeowner or buyer is some indication of trends, and display of the raw data
in summary form. Registers of Scotland provide averages by county, but this is
the lowest level of detail available from them. Other agents in the area provide data on
their own sales, but these are, by their nature, incomplete.
I've taken all the property sales for East Lothian, and summarised them for the
county as a whole,
then split them by
Postcode and Price Band.
If you'd like a FREE market valuation for your own home, call on 0800 756
9620 or 07875 902276
In summary, for the whole county;
April - July 2010 - Coming Soon
March 2010 - 47 sales, average price
£248,717
February 2010 - 53 sales, average price £231,500
January 2010 - to follow
2009 - to follow
In the tables shown below, the postcodes are centred on the following towns
within East Lothian;
|
EH21 |
Musselburgh (incl. Wallyford, Whitecraig & Carberry) |
|
EH31 |
Gullane |
|
EH32 |
Prestonpans, Port Seton, Longniddry, Aberlady |
|
EH33 |
Tranent (incl. Macmerry) |
|
EH34 |
Pencaitland |
|
EH35 |
Ormiston |
|
EH36 |
Humbie |
|
EH39 |
North Berwick (incl. Drem, Dirleton & Archerfield) |
|
EH40 |
East Linton |
|
EH41 |
Haddington (incl. Gifford & Garvald) |
|
EH42 |
Dunbar |
In March 2010;
|
EH21 |
8 sales, average £144,431 (see note 1) |
|
EH31 |
3 sales, average £174,333 |
|
EH32 |
8 sales, average £173,681 |
|
EH33 |
7 sales, average £150,286 |
|
EH34 |
2 sales, average £320,068 (see note 2) |
|
EH39 |
7 sales, average £381,255 |
|
EH40 |
2 sales, average £511,800 (see note 3) |
|
EH41 |
7 sales, average £189,929 |
|
EH42 |
3 sales, average £192,667 |
1. Seven sales below £148,000, and one sale at £360,000
2.One sale at £120,00, one at £520,00 or so
3. One sale at £280,000 or so, one at £740,000
Overall - 47 sales, average £248,717
There were, in the various price bands, the following sales;
|
Below £100,000 |
6 |
|
£100,000 to £125,000 |
12 |
|
£125,000 to £150,000 |
2 (see note) |
|
£150,000 to £200,000 |
9 |
|
£200,000 to £250,000 |
2 |
|
£250,000 to £300,000 |
2 |
|
£300,000 to £400,000 |
7 |
|
£400,000 to £500,000 |
2 |
|
£500,000 to £1,000,000 |
4 |
1. Only two sales in this price band, both between £145,000
and £150,000.
In February 2010;
|
EH21 |
13 sales, average £169,077 |
|
EH31 |
5 sales, average £497,300 (note 1) |
|
EH32 |
5 sales, average £106,854 |
|
EH33 |
7 sales, average £133,143 |
|
EH34 |
2 sales, average £208,500 |
|
EH39 |
4 sales, average £392,482 |
|
EH40 |
2 sales, average £173,500 (note 2) |
|
EH41 |
8 sales, average £219,000 |
|
EH42 |
7 sales, average £183,643 |
1. Four sales below £380,000, and one sale at £1,475,000 ...
2.One sale at £72,000, one at 275,000
Overall - 53 sales, average £231,500
There were, in the various price bands, the following sales;
|
Below £100,000 |
7 |
|
£100,000 to £125,000 |
14 |
|
£125,000 to £150,000 |
5 |
|
£150,000 to £200,000 |
9 |
|
£200,000 to £250,000 |
5 |
|
£250,000 to £300,000 |
3 |
|
£300,000 to £400,000 |
7 |
|
£400,000 to £500,000 |
2 |
|
£500,000 to £1,000,000 |
1 |
|
Over £1 million |
1 |
January 2010 to follow
The small print...
The raw data used is taken from zoopla.co.uk and ourproperty.co.uk. Between
these two sites, the data on house sales in the county should be more or less
complete, and independent of any weighting to particular agents, lenders, or
other organisations.
It should be noted that the raw data includes prices for land sales, council
right-to-buy purchases, re-mortgages, and sales of new-build homes. The aim here
is to provide an indication of trend for pre-owned homes ONLY, and so I've
edited the data to remove prices for the categories listed above. Without access
to each individual transaction, this is, by its nature, a process of intuition
and deduction, and some discrepancies in the overall
figures may creep in at this point. The primary new-build areas at present are
Prestonpans and Tranent, with large developments to the South of each of these
towns.
These summaries are provided for informational use only, for the reader to use
as they see fit.
I've made every effort to ensure their accuracy, but provide no formal guarantee
of completeness. E&OE.
These figures do not constitute any form of financial advice.