Average Price for property in Chiefswood Road, Melrose, TD6 is around £168,596 which varies based on type of property you are interested in and ranges from £247,501 for detached house to around £179,634 for terraced house. Similarly flat is around £160,108. Values have been changing and have risen £276 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,630 in last 6 months, £2,692 in last 1 year, £13,960 in last 2 years, £12,383 in last 3 years, £17,575 in last 4 years and £13,287 in last 5 years.
Currently average asking price of a property in Chiefswood Road, Melrose, TD6 is around £269,975 based on approximately 4 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £508 per month.
Estimated property value in Chiefswood Road, Melrose, TD6 is £168,596. Average asking price is £269,975 while average price paid is £124,125 which is up by £2,692 and Avg. asking rent £508.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Chiefswood Road, Melrose, TD6 area. In last 1 year alone average price buyer paid is around £124,125 based on approximately 4 sales in Chiefswood Road, Melrose, TD6 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £165,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £147,288 for 26 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £142,977 per sale.