Values have been changing and have risen £878 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,005 in last 6 months, £17,162 in last 1 year, £27,655 in last 2 years, £29,265 in last 3 years, £32,228 in last 4 years and £32,926 in last 5 years.
Currently average asking price of a property in Melrose Close, Farnborough, GU14 is around £279,511 based on approximately 1 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £1,281 per month.
Estimated property value in Melrose Close, Farnborough, GU14 is £204,561. Average asking price is £279,511 while average price paid is £242,500 which is up by £17,162 and Avg. asking rent £1,281.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 Close, Farnborough, GU14 area. In last 1 year alone average price buyer paid is around £242,500 based on approximately 1 sales in Melrose Close, Farnborough, GU14 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £188,150. 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 £188,150 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £188,150 per sale.