Melrose Avenue, Shotton, Deeside, CH5

Street Guide For Melrose Avenue, Shotton, Deeside, CH5

 

Melrose Avenue, Shotton, Deeside, CH5 Map

Estimated Price: £70,604
Average Asking Price: £208,879
Price change in last one year: £4,725
Average Price Paid: £62,666
Average Rent Rates: £1,780

 

Property Prices Breakdown in Melrose Avenue, Shotton, Deeside, CH5

Average Price for property in Melrose Avenue, Shotton, Deeside, CH5 is around £70,604 which varies based on type of property you are interested in and ranges from £70,494 for terraced house to around £70,660 for a flat. Values have been changing and have risen £535 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,287 in last 6 months, £4,725 in last 1 year, £6,847 in last 2 years, £7,282 in last 3 years, £5,413 in last 4 years and £5,480 in last 5 years.

Currently average asking price of a property in Melrose Avenue, Shotton, Deeside, CH5 is around £208,879 based on approximately 0 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £1,780 per month.

Estimated property value in Melrose Avenue, Shotton, Deeside, CH5 is £70,604. Average asking price is £208,879 while average price paid is £63,000 which is up by £7,282 and Avg. asking rent £1,780.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, Shotton, Deeside, CH5 area. In last 3 years alone average price buyer paid is around £63,000 based on approximately 1 sales in Melrose Avenue, Shotton, Deeside, CH5 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £62,666. 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 £62,666 for 3 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £109,505, £161,104 for a 3 bedroom house, £263,510 for a 4 bedroom house and £336,994 for a 5 bedroom house. For a flat similarly the prices varies from £76,624 for a single bedroom to £109,250 for a 2 bedroom Flat. To sum up the asking prices for properties in Melrose Avenue, Shotton, Deeside, CH5 it comes to around average £76,624 for 1 bedroom property, £109,491 for 2 bedroom, £161,104 for 3 bedroom, £263,510 for 4 bedroom and £336,994 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £582 for 2 bedroom to £632 for 3 bedroom and £810 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £428. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £459. You should be generally be expecting around average £428 rent per month for single bedroom property, £555 for 2 bedroom, £632 for 3 bedroom and approximately £810 for 4 bedroom property in Melrose Avenue, Shotton, Deeside, CH5 area.

Popular Houses in Melrose Avenue, Shotton, Deeside, CH5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Melrose Avenue, Shotton, Deeside, CH5