Melbourne Road, Bishopston, Bristol, BS7

Street Guide For Melbourne Road, Bishopston, Bristol, BS7

 
 

Melbourne Road, Bishopston, Bristol, BS7 Map

Estimated Price: £300,604
Average Asking Price: £240,128
Price change in last one year: £25,588
Average Price Paid: £264,184
Average Rent Rates: £1,522

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78 Queen's Ave, Bristol, City of Bristol BS8

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Property Prices Breakdown in Melbourne Road, Bishopston, Bristol, BS7

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.

 
 
 
 

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 1 bedroom is around £152,950, £262,794 for a 2 bedroom house, £271,458 for a 3 bedroom house, £415,619 for a 4 bedroom house and £482,498 for a 5 bedroom house. For a flat similarly the prices varies from £130,116 for a single bedroom to £202,565 for a 2 bedroom Flat. To sum up the asking prices for properties in Melbourne Road, Bishopston, Bristol, BS7 it comes to around average £131,873 for 1 bedroom property, £219,773 for 2 bedroom, £271,458 for 3 bedroom, £415,619 for 4 bedroom and £482,498 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 1 bedroom to £999 for 2 bedrooms, £1,047 for 3 bedrooms, £1,334 for 4 bedrooms and £1,702 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £654. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £840, £1,042 for 3 bedroom, £1,210 for 4 bedroom and around £2,070 for 5 bedroom flat. You should be generally be expecting around average £498 rent per month for single bedroom property, £863 for 2 bedroom, £1,046 for 3 bedroom, £1,326 for 4 bedroom and approximately £1,725 for a 5 bedroom property in Melbourne Road, Bishopston, Bristol, BS7 area.

Popular Houses in Melbourne Road, Bishopston, Bristol, BS7

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 Melbourne Road, Bishopston, Bristol, BS7