Melrose Avenue, Stone, ST15

Street Guide For Melrose Avenue, Stone, ST15

 

Melrose Avenue, Stone, ST15 Map

Estimated Price: £148,486
Average Asking Price: £272,671
Price change in last one year: £6,492
Average Price Paid: £140,083
Average Rent Rates: £607

 

Property Prices Breakdown in Melrose Avenue, Stone, ST15

Average Price for property in Melrose Avenue, Stone, ST15 is around £148,486 which varies based on type of property you are interested in and ranges from £159,872 for detached house to around £150,151 for semi-detached. Similarly terraced house is around £136,900. Values have been changing and have risen £942 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,844 in last 6 months, £6,492 in last 1 year, £8,092 in last 2 years, £12,252 in last 3 years, £10,333 in last 4 years and £11,326 in last 5 years.

Currently average asking price of a property in Melrose Avenue, Stone, ST15 is around £272,671 based on approximately 4 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £607 per month.

Estimated property value in Melrose Avenue, Stone, ST15 is £148,486. Average asking price is £272,671 while average price paid is £149,375 which is up by £6,492 and Avg. asking rent £607.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, Stone, ST15 area. In last 1 year alone average price buyer paid is around £149,375 based on approximately 4 sales in Melrose Avenue, Stone, ST15 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £144,900. 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 £140,083 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £143,145 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 1 bedroom is around £96,633, £129,430 for a 2 bedroom house, £206,953 for a 3 bedroom house, £327,043 for a 4 bedroom house and £475,993 for a 5 bedroom house. For a flat similarly the prices varies from £97,190 for a single bedroom to £139,179 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £157,633. To sum up the asking prices for properties in Melrose Avenue, Stone, ST15 it comes to around average £96,994 for 1 bedroom property, £132,557 for 2 bedroom, £204,567 for 3 bedroom, £327,043 for 4 bedroom and £475,993 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 £524 for 1 bedroom to £672 for 2 bedroom, £718 for 3 bedroom and £1,125 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £416. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £526 and £724 for 3 bedroom. You should be generally be expecting around average £425 rent per month for single bedroom property, £590 for 2 bedroom, £718 for 3 bedroom and approximately £1,124 for 4 bedroom property in Melrose Avenue, Stone, ST15 area.

Popular Houses in Melrose Avenue, Stone, ST15

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, Stone, ST15