Average Price for property in Douglas Road, Melrose, TD6 is around £414,779 which varies based on type of property you are interested in and ranges from £506,085 for detached house to around £281,513 for a flat. Values have been changing and have risen £669 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,360 in last 6 months, £6,499 in last 1 year, £33,720 in last 2 years, £29,901 in last 3 years, £42,441 in last 4 years and £32,069 in last 5 years.
Currently average asking price of a property in Douglas Road, Melrose, TD6 is around £269,975 based on approximately 1 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 Douglas Road, Melrose, TD6 is £414,779. Average asking price is £269,975 while average price paid is £124,000 which is up by £6,499 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 Douglas Road, Melrose, TD6 area. In last 1 year alone average price buyer paid is around £124,000 based on approximately 1 sales in Douglas Road, Melrose, TD6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £247,666. 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 £249,100 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £249,100 per sale.