Melcombe Avenue, Weymouth, DT4

Street Guide For Melcombe Avenue, Weymouth, DT4

 

Melcombe Avenue, Weymouth, DT4 Map

Estimated Price: £287,383
Average Asking Price: £209,035
Price change in last one year: £23,151
Average Price Paid: £217,735
Average Rent Rates: £778

 

Property Prices Breakdown in Melcombe Avenue, Weymouth, DT4

Average Price for property in Melcombe Avenue, Weymouth, DT4 is around £287,383 which varies based on type of property you are interested in and ranges from £497,211 for detached house to around £359,778 for semi-detached. Similarly flat is around £239,955. Values have been changing and have risen £3,916 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,371 in last 6 months, £23,151 in last 1 year, £30,156 in last 2 years, £32,363 in last 3 years, £30,345 in last 4 years and £26,752 in last 5 years.

Currently average asking price of a property in Melcombe Avenue, Weymouth, DT4 is around £209,035 based on approximately 6 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £778 per month.

Estimated property value in Melcombe Avenue, Weymouth, DT4 is £287,383. Average asking price is £209,035 while average price paid is £204,250 which is up by £23,151 and Avg. asking rent £778.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 Melcombe Avenue, Weymouth, DT4 area. In last 1 year alone average price buyer paid is around £204,250 based on approximately 6 sales in Melcombe Avenue, Weymouth, DT4 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £210,625. 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 £217,735 for 32 and average amount paid for purchase of approx. 46 properties sold in last 7 years comes to about £229,207 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 £98,875, £172,253 for a 2 bedroom house, £222,900 for a 3 bedroom house, £307,346 for a 4 bedroom house and £333,027 for a 5 bedroom house. For a flat similarly the prices varies from £118,263 for a single bedroom to £175,159 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £209,167 and £242,500 for a 4 bedroom flat. To sum up the asking prices for properties in Melcombe Avenue, Weymouth, DT4 it comes to around average £116,991 for 1 bedroom property, £174,418 for 2 bedroom, £222,457 for 3 bedroom, £304,399 for 4 bedroom and £333,027 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 £572 for 1 bedroom to £687 for 2 bedroom, £1,001 for 3 bedroom and £923 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £417. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £731. You should be generally be expecting around average £434 rent per month for single bedroom property, £727 for 2 bedroom, £1,001 for 3 bedroom and approximately £923 for 4 bedroom property in Melcombe Avenue, Weymouth, DT4 area.

Popular Houses in Melcombe Avenue, Weymouth, DT4

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 Melcombe Avenue, Weymouth, DT4