Average Price for property in Melling Road, Cramlington, NE23 is around £149,165 which varies based on type of property you are interested in and ranges from £161,104 for detached house to around £162,721 for semi-detached. Similarly terraced house is around £133,613 and a flat is worth £74,248. Values have been changing and have risen £809 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,757 in last 6 months, £6,531 in last 1 year, £7,451 in last 2 years, £14,816 in last 3 years, £7,716 in last 4 years and £6,611 in last 5 years.
Currently average asking price of a property in Melling Road, Cramlington, NE23 is around £159,083 based on approximately 0 properties for sale. Same is the case with rental options based on 75 properties up for rent, average asking rent is around £551 per month.
Estimated property value in Melling Road, Cramlington, NE23 is £149,165. Average asking price is £159,083 while average price paid is £115,625 which is up by £14,816 and Avg. asking rent £551.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 Melling Road, Cramlington, NE23 area. In last 3 years alone average price buyer paid is around £115,625 based on approximately 4 sales in Melling Road, Cramlington, NE23 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £127,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £127,500 for 9 per sale.