While the list price of £25,000 for a parking space in Edinburgh’s City Centre seems relatively high in comparison to the average parking space cost, its location in a prestigious area like the New Town where high property values are common justifies the price to some extent. The price is likely influenced by the high demand for parking in such a central location. However, the lack of information on the average price of parking spaces in the area makes a precise determination of value difficult.

Based on the provided image, the parking space appears to be in adequate but not excellent condition. It is a paved area, showing some signs of wear and tear which is expected given the age of this type of surface. The condition is not poor, but not pristine. Therefore, a moderate score is given.

The property is located in the City Centre of Edinburgh, a highly desirable location known for its proximity to amenities, transport links, and cultural attractions. The New Town’s reputation for being one of Edinburgh’s most sought-after residential areas further enhances its location score. Nearby streets show high average property prices, supporting the desirability of the area. However, being a parking space, the immediate surrounding environment is not as relevant to location in the same way as a residential property would be.

The property is a parking space with a very limited area. There is no garden or significant land associated with it. The land size is essentially defined by the designated parking area visible in the photograph.