Values have been changing and have risen £429 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £745 in last 6 months, £9,555 in last 1 year, £16,476 in last 2 years, £17,735 in last 3 years, £15,392 in last 4 years and £15,493 in last 5 years.
Currently average asking price of a property in Melchet Road, West End, Southampton, SO18 is around £219,179 based on approximately 1 properties for sale. Same is the case with rental options based on 65 properties up for rent, average asking rent is around £707 per month.
Estimated property value in Melchet Road, West End, Southampton, SO18 is £142,953. Average asking price is £219,179 while average price paid is £150,000 which is up by £9,555 and Avg. asking rent £707.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 Melchet Road, West End, Southampton, SO18 area. In last 1 year alone average price buyer paid is around £150,000 based on approximately 1 sales in Melchet Road, West End, Southampton, SO18 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £122,333. 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 £114,750 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £112,590 per sale.