Average Price for property in Melrose Avenue, Billingham, TS23 is around £91,210 which varies based on type of property you are interested in and ranges from £91,337 for semi-detached to around £90,862 for terraced house. Values have been changing and have risen £671 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £443 in last 6 months, £1,848 in last 1 year, £5,027 in last 2 years, £3,289 in last 3 years, £3,980 in last 4 years and £2,912 in last 5 years.
Currently average asking price of a property in Melrose Avenue, Billingham, TS23 is around £113,411 based on approximately 2 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £608 per month.
Estimated property value in Melrose Avenue, Billingham, TS23 is £91,210. Average asking price is £113,411 while average price paid is £86,000 which is up by £1,848 and Avg. asking rent £608.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 Melrose Avenue, Billingham, TS23 area. In last 1 year alone average price buyer paid is around £86,000 based on approximately 2 sales in Melrose Avenue, Billingham, TS23 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £87,777. 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 £87,777 for 9 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £90,650 per sale.