Melrose Avenue, Yate, Bristol, BS37

Street Guide For Melrose Avenue, Yate, Bristol, BS37

 
 

Melrose Avenue, Yate, Bristol, BS37 Map

Estimated Price: £271,795
Average Asking Price: £280,675
Price change in last one year: £15,871
Average Price Paid: £231,531
Average Rent Rates: £1,762

 

Property Prices Breakdown in Melrose Avenue, Yate, Bristol, BS37

Average Price for property in Melrose Avenue, Yate, Bristol, BS37 is around £271,795 which varies based on type of property you are interested in and ranges from £299,334 for detached house to around £270,397 for semi-detached. Similarly terraced house is around £276,656. Values have been changing and have risen £268 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £505 in last 6 months, £15,871 in last 1 year, £31,913 in last 2 years, £33,436 in last 3 years, £37,346 in last 4 years and £34,708 in last 5 years.

Currently average asking price of a property in Melrose Avenue, Yate, Bristol, BS37 is around £280,675 based on approximately 1 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £1,762 per month.

Estimated property value in Melrose Avenue, Yate, Bristol, BS37 is £271,795. Average asking price is £280,675 while average price paid is £290,000 which is up by £15,871 and Avg. asking rent £1,762.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, Yate, Bristol, BS37 area. In last 1 year alone average price buyer paid is around £290,000 based on approximately 1 sales in Melrose Avenue, Yate, Bristol, BS37 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £242,666. 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 £231,531 for 16 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £229,088 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 £159,590, £241,223 for a 2 bedroom house, £210,244 for a 3 bedroom house, £359,991 for a 4 bedroom house and £450,357 for a 5 bedroom house. For a flat similarly the prices varies from £137,500 for a single bedroom to £174,750 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £125,000. To sum up the asking prices for properties in Melrose Avenue, Yate, Bristol, BS37 it comes to around average £147,541 for 1 bedroom property, £209,569 for 2 bedroom, £208,001 for 3 bedroom, £359,991 for 4 bedroom and £450,357 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 £494 for 1 bedroom to £719 for 2 bedroom, £807 for 3 bedroom and £997 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £693. You should be generally be expecting around average £522 rent per month for single bedroom property, £715 for 2 bedroom, £808 for 3 bedroom and approximately £997 for 4 bedroom property in Melrose Avenue, Yate, Bristol, BS37 area.

Popular Houses in Melrose Avenue, Yate, Bristol, BS37

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, Yate, Bristol, BS37