Melbourne Road, Carlisle, CA1

Street Guide For Melbourne Road, Carlisle, CA1

 

Melbourne Road, Carlisle, CA1 Map

Estimated Price: £115,219
Average Asking Price: £135,052
Price change in last one year: £4,402
Average Price Paid: £100,562
Average Rent Rates: £457

 

Property Prices Breakdown in Melbourne Road, Carlisle, CA1

Average Price for property in Melbourne Road, Carlisle, CA1 is around £115,219 e.g. average price for terraced house is around 115,219. Values have been changing and have risen £52 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,316 in last 6 months, £4,402 in last 1 year, £10,339 in last 2 years, £9,414 in last 3 years, £6,048 in last 4 years and £6,096 in last 5 years.

Currently average asking price of a property in Melbourne Road, Carlisle, CA1 is around £135,052 based on approximately 3 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £457 per month.

Estimated property value in Melbourne Road, Carlisle, CA1 is £115,219. Average asking price is £135,052 while average price paid is £93,000 which is up by £4,402 and Avg. asking rent £457.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, Carlisle, CA1 area. In last 1 year alone average price buyer paid is around £93,000 based on approximately 3 sales in Melbourne Road, Carlisle, CA1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £91,916. 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 £100,562 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £103,558 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 £89,055, £138,322 for a 3 bedroom house, £209,885 for a 4 bedroom house and £244,317 for a 5 bedroom house. For a flat similarly the prices varies from £74,970 for a single bedroom to £125,047 for a 2 bedroom Flat. To sum up the asking prices for properties in Melbourne Road, Carlisle, CA1 it comes to around average £74,970 for 1 bedroom property, £98,297 for 2 bedroom, £138,322 for 3 bedroom, £209,885 for 4 bedroom and £244,317 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 £342 for 1 bedroom to £407 for 2 bedroom, £537 for 3 bedroom and £693 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £420. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £491. You should be generally be expecting around average £374 rent per month for single bedroom property, £451 for 2 bedroom, £537 for 3 bedroom and approximately £693 for 4 bedroom property in Melbourne Road, Carlisle, CA1 area.

Popular Houses in Melbourne Road, Carlisle, CA1

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, Carlisle, CA1