Mayfield Gardens, Kelso, TD5

Street Guide For Mayfield Gardens, Kelso, TD5

 

Mayfield Gardens, Kelso, TD5 Map

Estimated Price: £144,756
Average Asking Price: £220,506
Price change in last one year: £2,264
Average Price Paid: £137,437
Average Rent Rates: £460

 

Property Prices Breakdown in Mayfield Gardens, Kelso, TD5

Average Price for property in Mayfield Gardens, Kelso, TD5 is around £144,756 e.g. average price for a flat is around 131,042. Values have been changing and have risen £231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,209 in last 6 months, £2,264 in last 1 year, £11,734 in last 2 years, £10,412 in last 3 years, £14,775 in last 4 years and £11,172 in last 5 years.

Currently average asking price of a property in Mayfield Gardens, Kelso, TD5 is around £220,506 based on approximately 3 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 Mayfield Gardens, Kelso, TD5 is £144,756. Average asking price is £220,506 while average price paid is £136,333 which is up by £2,264 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 Mayfield Gardens, Kelso, TD5 area. In last 1 year alone average price buyer paid is around £136,333 based on approximately 3 sales in Mayfield Gardens, Kelso, TD5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £135,285. 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 £137,437 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £137,437 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £129,133, £210,267 for a 3 bedroom house, £276,369 for a 4 bedroom house and £383,000 for a 5 bedroom house. For a flat similarly the prices varies from £87,000 for a single bedroom to £101,750 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £116,500. To sum up the asking prices for properties in Mayfield Gardens, Kelso, TD5 it comes to around average £87,000 for 1 bedroom property, £115,914 for 2 bedroom, £204,585 for 3 bedroom, £276,369 for 4 bedroom and £383,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £381 for 2 bedroom to £522 for 3 bedroom and £696 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £295. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £397. You should be generally be expecting around average £294 rent per month for single bedroom property, £393 for 2 bedroom, £522 for 3 bedroom and approximately £696 for 4 bedroom property in Mayfield Gardens, Kelso, TD5 area.

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Mayfield Gardens, Kelso, TD5