Average Price for property in Melrose Place, Coatbridge, ML5 is around £118,061 which varies based on type of property you are interested in and ranges from £92,663 for terraced house to around £74,911 for a flat. Values have been changing and have risen £1,647 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,126 in last 6 months, £5,198 in last 1 year, £12,139 in last 2 years, £10,291 in last 3 years, £6,135 in last 4 years and £10,234 in last 5 years.
Currently average asking price of a property in Melrose Place, Coatbridge, ML5 is around £130,719 based on approximately 4 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £503 per month.
Estimated property value in Melrose Place, Coatbridge, ML5 is £118,061. Average asking price is £130,719 while average price paid is £59,162 which is up by £5,198 and Avg. asking rent £503.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 Place, Coatbridge, ML5 area. In last 1 year alone average price buyer paid is around £59,162 based on approximately 4 sales in Melrose Place, Coatbridge, ML5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £59,162. 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 £61,330 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £144,183 per sale.