Melrose Gardens, Clacton-on-Sea, CO15

Street Guide For Melrose Gardens, Clacton-on-Sea, CO15

 

Melrose Gardens, Clacton-on-Sea, CO15 Map

Estimated Price: £252,935
Average Asking Price: £164,738
Price change in last one year: £19,891
Average Price Paid: £221,099
Average Rent Rates: £768

F R O N T Estate Agents
Building C, 89 The Street, Little Clacton, Essex,

Free House valuation

 

Property Prices Breakdown in Melrose Gardens, Clacton-on-Sea, CO15

Average Price for property in Melrose Gardens, Clacton-on-Sea, CO15 is around £252,935 e.g. average price for detached house is around 252,935. Values have been changing and have risen £1,011 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,803 in last 6 months, £19,891 in last 1 year, £26,420 in last 2 years, £29,509 in last 3 years, £25,848 in last 4 years and £23,377 in last 5 years.

Currently average asking price of a property in Melrose Gardens, Clacton-on-Sea, CO15 is around £164,738 based on approximately 0 properties for sale. Same is the case with rental options based on 87 properties up for rent, average asking rent is around £768 per month.

Estimated property value in Melrose Gardens, Clacton-on-Sea, CO15 is £252,935. Average asking price is £164,738 while average price paid is £228,997 which is up by £29,509 and Avg. asking rent £768.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 Gardens, Clacton-on-Sea, CO15 area. In last 3 years alone average price buyer paid is around £228,997 based on approximately 2 sales in Melrose Gardens, Clacton-on-Sea, CO15 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £221,099. 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 £212,285 for 7 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 £87,522, £136,440 for a 2 bedroom house, £179,419 for a 3 bedroom house, £248,562 for a 4 bedroom house and £265,777 for a 5 bedroom house. For a flat similarly the prices varies from £94,310 for a single bedroom to £131,632 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £146,917 and £200,000 for a 4 bedroom flat. To sum up the asking prices for properties in Melrose Gardens, Clacton-on-Sea, CO15 it comes to around average £91,381 for 1 bedroom property, £134,731 for 2 bedroom, £176,465 for 3 bedroom, £247,194 for 4 bedroom and £265,777 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 £477 for 1 bedroom to £643 for 2 bedrooms, £783 for 3 bedrooms, £826 for 4 bedrooms and £962 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £514. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £597 and £624 for 3 bedroom. You should be generally be expecting around average £512 rent per month for single bedroom property, £616 for 2 bedroom, £771 for 3 bedroom, £826 for 4 bedroom and approximately £962 for a 5 bedroom property in Melrose Gardens, Clacton-on-Sea, CO15 area.

Popular Houses in Melrose Gardens, Clacton-on-Sea, CO15

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 Gardens, Clacton-on-Sea, CO15