The Murrayfield housing market reflects the area's status as one of Edinburgh's most desirable residential neighbourhoods. According to Rightmove data, the average property price in Murrayfield stands at £472,610, with recent analysis showing a modest -0.7% change over the past 12 months. This slight cooling follows a period of sustained growth, demonstrating the market's resilience despite broader economic uncertainties. The EH12 postcode area has seen approximately 100 property sales in the last twelve months, indicating steady transaction volumes for a neighbourhood of this size.
When examining property types, the market reveals clear price stratification. Detached properties command the highest average prices at around £881,250, reflecting the substantial villas that characterize the area's older residential streets. Semi-detached homes average approximately £470,000, while terraced properties typically sell around £470,000. Flats, which form a significant portion of the available stock, average £316,667. This diversity means buyers and sellers alike benefit from working with agents who understand the nuanced dynamics across different property segments.
The top three agents in Murrayfield control approximately 21.3% of the active market, with Neilsons Solicitors and Estate Agents leading with 9.1% market share. Murray & Currie and Rettie each hold 6.1% of the market, offering strong competition in the mid-to-upper price brackets. This competitive landscape means sellers have genuine choice when selecting representation, while the presence of major national brands alongside established local specialists provides options across all price points and property types.
The rental market in Murrayfield also shows healthy activity, with 24 properties currently available to rent across 14 active letting agents. DJ Alexander and Southside Property Management lead the rental market with 4 listings each, offering average rental prices of £1,660 and £1,461 per month respectively. Rettie's rental division manages 3 premium listings at an average of £3,548 per month, reflecting the strong demand from professionals seeking to rent in this desirable postcode area.