Average Price for property in Melrose Avenue, Sutton Coldfield, B73 is around £343,856 which varies based on type of property you are interested in and ranges from £383,153 for detached house to around £322,189 for semi-detached. Similarly terraced house is around £322,050. Values have been changing and have risen £689 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,475 in last 6 months, £23,223 in last 1 year, £36,942 in last 2 years, £40,155 in last 3 years, £35,967 in last 4 years and £39,165 in last 5 years.
Currently average asking price of a property in Melrose Avenue, Sutton Coldfield, B73 is around £301,518 based on approximately 2 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £755 per month.
Estimated property value in Melrose Avenue, Sutton Coldfield, B73 is £343,856. Average asking price is £301,518 while average price paid is £310,000 which is up by £23,223 and Avg. asking rent £755.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, Sutton Coldfield, B73 area. In last 1 year alone average price buyer paid is around £310,000 based on approximately 2 sales in Melrose Avenue, Sutton Coldfield, B73 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £294,990. 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 £285,695 for 10 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £273,400 per sale.