Average Price for property in Melrose Gardens, Wallsend, NE28 is around £103,432 which varies based on type of property you are interested in and ranges from £107,609 for semi-detached to around £99,254 for terraced house. Values have been changing and have risen £519 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,286 in last 6 months, £4,747 in last 1 year, £6,558 in last 2 years, £10,278 in last 3 years, £5,167 in last 4 years and £4,823 in last 5 years.
Currently average asking price of a property in Melrose Gardens, Wallsend, NE28 is around £115,513 based on approximately 0 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £545 per month.
Estimated property value in Melrose Gardens, Wallsend, NE28 is £103,432. Average asking price is £115,513 while average price paid is £110,000 which is up by £10,278 and Avg. asking rent £545.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, Wallsend, NE28 area. In last 3 years alone average price buyer paid is around £110,000 based on approximately 2 sales in Melrose Gardens, Wallsend, NE28 area alone. If you compare it to last 5 years sales of 8 properties where buyers paid around £91,181. 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 £93,645 for 10 per sale.