Average Price for property in Melrose Close, West Denton, Newcastle upon Tyne, NE15 is around £147,208 which varies based on type of property you are interested in and ranges from £134,512 for detached house to around £152,248 for semi-detached. Similarly terraced house is around £144,080 and a flat is worth £188,951. Values have been changing and have risen £487 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,560 in last 6 months, £9,255 in last 1 year, £9,984 in last 2 years, £14,847 in last 3 years, £8,099 in last 4 years and £5,460 in last 5 years.
Currently average asking price of a property in Melrose Close, West Denton, Newcastle upon Tyne, NE15 is around £201,251 based on approximately 0 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £751 per month.
Estimated property value in Melrose Close, West Denton, Newcastle upon Tyne, NE15 is £147,208. Average asking price is £201,251 while average price paid is £100,000 which is up by £14,847 and Avg. asking rent £751.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, West Denton, Newcastle upon Tyne, NE15 area. In last 3 years alone average price buyer paid is around £100,000 based on approximately 1 sales in Melrose Close, West Denton, Newcastle upon Tyne, NE15 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £115,750. 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 £115,750 for 2 per sale.