Average Price for property in Kelso is around £195,125 which varies based on type of property you are interested in and ranges from £321,184 for detached house to around £167,178 for semi-detached. Similarly terraced house is around £156,355 and a flat is worth £148,753. Values have been changing and have risen £482 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £271 in last 6 months, £5,867 in last 1 year, £17,413 in last 2 years, £16,832 in last 3 years, £22,157 in last 4 years and £16,998 in last 5 years.
Currently average asking price of a property in Kelso is around £220,789 based on approximately 122 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £460 per month.
Estimated property value in Kelso is £195,125. Average asking price is £220,789 while average price paid is £178,370 which is up by £5,867 and Avg. asking rent £460.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 Kelso area. In last 1 year alone average price buyer paid is around £178,370 based on approximately 122 sales in Kelso area alone. If you compare it to last 3 years sales of 394 properties where buyers paid around £166,962. 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 £169,290 for 617 and average amount paid for purchase of approx. 904 properties sold in last 7 years comes to about £165,166 per sale.