Average Price for property in Melrose Avenue, Borehamwood, WD6 is around £513,533 which varies based on type of property you are interested in and ranges from £859,703 for detached house to around £503,642 for semi-detached. Values have been changing and have risen £2,808 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,940 in last 6 months, £47,288 in last 1 year, £72,297 in last 2 years, £99,344 in last 3 years, £98,121 in last 4 years and £102,455 in last 5 years.
Currently average asking price of a property in Melrose Avenue, Borehamwood, WD6 is around £808,252 based on approximately 2 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £2,366 per month.
Estimated property value in Melrose Avenue, Borehamwood, WD6 is £513,533. Average asking price is £808,252 while average price paid is £544,250 which is up by £47,288 and Avg. asking rent £2,366.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, Borehamwood, WD6 area. In last 1 year alone average price buyer paid is around £544,250 based on approximately 2 sales in Melrose Avenue, Borehamwood, WD6 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £442,928. 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 £432,562 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £409,500 per sale.