Values have been changing and have risen £290 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £779 in last 6 months, £2,009 in last 1 year, £6,174 in last 2 years, £7,798 in last 3 years, £6,642 in last 4 years and £5,948 in last 5 years.
Currently average asking price of a property in Meldon Drive, Bilston, WV14 is around £128,603 based on approximately 3 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £503 per month.
Estimated property value in Meldon Drive, Bilston, WV14 is £93,273. Average asking price is £128,603 while average price paid is £89,333 which is up by £2,009 and Avg. asking rent £503.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 Meldon Drive, Bilston, WV14 area. In last 1 year alone average price buyer paid is around £89,333 based on approximately 3 sales in Meldon Drive, Bilston, WV14 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £83,785. 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 £82,000 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £80,125 per sale.