Landlord Voice Magazine November 2015 - Edinburgh | Page 16

A cursory search for Edinburgh properties will highlight the fact that properties are not exactly abundant here. Estate agents in the city say some are selling for 20 per cent more than their original valuations. While houses and flats in the most popular areas are selling just 24 hours after going on the market. With this in mind, Landlord voice has taken a closer look at the figures to find out how much property rents and sells for. EDINBURGH IN NUMBERS EDINBURGH HOUSING TENURE Owner-occupied Part-owned, part rented Social rented (local auth) Other social rented Private rented Living rent free EDINBURGH PROPERTY TYPES Percentage Average Price Flat 65% £219,122 Terraced 10% £369,277 Semi-detached 10% £322,905 Detached 15% £574,920 EDINBURGH AVERAGE RENTS £795 pcm £1,048 pcm Trivia Time Q - By what name is the Edinburgh area where the Scottish Parliament meets known? £1,677 pcm £2,413 pcm £2,637 pcm Statistics quoted were taken from the Office of National Statistics and www.home.co.uk 16 | LandlordVoice | November 2015 November 2015 | LandlordVoice | 17