Values have been changing and have risen £1,346 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,825 in last 6 months, £10,901 in last 1 year, £12,955 in last 2 years, £16,967 in last 3 years, £15,074 in last 4 years and £13,691 in last 5 years.
Currently average asking price of a property in Melrose Avenue, Plymouth, PL2 is around £153,518 based on approximately 2 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £640 per month.
Estimated property value in Melrose Avenue, Plymouth, PL2 is £131,806. Average asking price is £153,518 while average price paid is £114,000 which is up by £10,901 and Avg. asking rent £640.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, Plymouth, PL2 area. In last 1 year alone average price buyer paid is around £114,000 based on approximately 2 sales in Melrose Avenue, Plymouth, PL2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £114,416. 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 £110,333 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £109,996 per sale.