Average Price for property in Melbourne Road, Bishopston, Bristol, BS7 is around £300,604 which varies based on type of property you are interested in and ranges from £342,822 for detached house to around £319,392 for semi-detached. Similarly terraced house is around £300,286. Values have been changing and have risen £2,826 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,960 in last 6 months, £25,588 in last 1 year, £39,277 in last 2 years, £42,917 in last 3 years, £46,866 in last 4 years and £48,039 in last 5 years.
Currently average asking price of a property in Melbourne Road, Bishopston, Bristol, BS7 is around £240,128 based on approximately 5 properties for sale. Same is the case with rental options based on 266 properties up for rent, average asking rent is around £1,522 per month.
Estimated property value in Melbourne Road, Bishopston, Bristol, BS7 is £300,604. Average asking price is £240,128 while average price paid is £293,400 which is up by £25,588 and Avg. asking rent £1,522.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 Road, Bishopston, Bristol, BS7 area. In last 1 year alone average price buyer paid is around £293,400 based on approximately 5 sales in Melbourne Road, Bishopston, Bristol, BS7 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £272,291. 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 £264,184 for 16 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £242,748 per sale.