Average Price for property in Melbourne Drive, Chipping Sodbury, Bristol, BS37 is around £220,245 which varies based on type of property you are interested in and ranges from £373,009 for detached house to around £213,602 for semi-detached. Similarly terraced house is around £214,235. Values have been changing and have risen £217 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £409 in last 6 months, £12,861 in last 1 year, £25,860 in last 2 years, £27,093 in last 3 years, £30,264 in last 4 years and £28,127 in last 5 years.
Currently average asking price of a property in Melbourne Drive, Chipping Sodbury, Bristol, BS37 is around £289,224 based on approximately 3 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £1,799 per month.
Estimated property value in Melbourne Drive, Chipping Sodbury, Bristol, BS37 is £220,245. Average asking price is £289,224 while average price paid is £205,000 which is up by £12,861 and Avg. asking rent £1,799.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 Drive, Chipping Sodbury, Bristol, BS37 area. In last 1 year alone average price buyer paid is around £205,000 based on approximately 3 sales in Melbourne Drive, Chipping Sodbury, Bristol, BS37 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £168,272. 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 £164,728 for 14 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £164,418 per sale.