Average Price for property in Melbourne Close, St. Albans, AL3 is around £295,135 which varies based on type of property you are interested in and ranges from £289,484 for semi-detached to around £298,665 for terraced house. Values have been changing and have risen £650 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,539 in last 6 months, £20,072 in last 1 year, £37,052 in last 2 years, £47,723 in last 3 years, £48,078 in last 4 years and £52,673 in last 5 years.
Currently average asking price of a property in Melbourne Close, St. Albans, AL3 is around £640,192 based on approximately 1 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,753 per month.
Estimated property value in Melbourne Close, St. Albans, AL3 is £295,135. Average asking price is £640,192 while average price paid is £292,500 which is up by £20,072 and Avg. asking rent £1,753.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 Melbourne Close, St. Albans, AL3 area. In last 1 year alone average price buyer paid is around £292,500 based on approximately 1 sales in Melbourne Close, St. Albans, AL3 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £241,900. 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 £239,214 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £230,062 per sale.