Everyone loves to know what properties are worth in desirable locations. As the least deprived area in Scotland, Stockbridge is certainly desirable! Evergreen Property has done a bit of research to find out just which streets in Stockbridge have the highest average property value right now.
The data used here has been collected from Zoopla and the Scottish Land Registry and takes into account residential properties only. It’s been a really interesting undertaking to see how our wee neighbourhood has been getting on.
Evergreen Property recently spoke with Andy Milne, a Partner at DM Hall Chartered Surveyors, about what was happening to Property Valuations this side of the lockdown. Evergreen were reassured massively because he said Home Report Valuations have been consistent with those produced pre-lockdown. The demand is there and so there’s been no need to change anything.
As you will see in this list, the past three months have been extremely positive for all involved in the property market. Temporary governmental changes to LBTT coupled with the public’s desire to get on with things has fuelled the market’s recovery. Evergreen predict this to continue for the foreseeable.
So, onto the fun stuff, here is your definitive list of the most valuable streets in Stockbridge right now!
Coming in at 5th Place…
St. Vincent Place – APV = £888,885
The average price for property in St. Vincent Place stood at £888,885 in August 2020. This is a rise of 2.91% in the last three months (since May 2020). In terms of property types, flats in St. Vincent Place sold for an average of £900,051 and terraced houses for £770,796. In the last 5 years the value of properties have increased by £92,515 on average.
Knocking at the door.. It’s your number 4!
Danube Street – APV = £894,161
The average price for property in Danube Street stood at £894,161 in August 2020. This is a rise of 2.81% in the last three months (since May 2020). In terms of property types, flats in Danube Street sold for an average of £574,031 and terraced houses for £1,316,137. Over the last 5 years the value of properties have increased by £86,258 on average.
Starting our top 3 we have:
Upper Dean Terrace – APV = £984,312
The average price for property in Upper Dean Terrace stood at £984,312 in August 2020. This is a rise of 2.81% in the last three months (since May 2020). In terms of property types, flats in Upper Dean Terrace sold for an average of £231,941 and terraced houses for £398,827. Over the last 5 years the value of properties have increased by £94,954 on average.
In a superb 2nd place:
Saxe Coburg Place – APV = £1,192,000
The average price for property in Saxe Coburg Place stood at £1,192,000 in August 2020. This is a rise of 2.91% in the last three months (since May 2020). In terms of property types, flats in Saxe Coburg Place sold for an average of £574,951 and terraced houses for £1,531,215. Over the last 5 years the value of properties have increased by £124,056 on average.
Finally, the one we’ve all been waiting for.. Stockbridge’s Finest:
Ann Street – APV – £1,459,066
The average price for property in Ann Street stood at a whopping £1,459,066 in August 2020. This is a rise of 2.81% in the last three months (since May 2020). In terms of property types, flats in Ann Street sold for an average of £231,941 and terraced houses for £1,455,025. Over the last 5 years the value of properties have increased by £140,737 on average.
Any questions about our list? Please feel free to send them to edward@evergreen-property.co.uk.
