Average Price for property in Melrose Place, Hereford, HR4 is around £158,848 which varies based on type of property you are interested in and ranges from £243,265 for detached house to around £149,469 for terraced house. Values have been changing and have risen £384 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £919 in last 6 months, £11,101 in last 1 year, £12,280 in last 2 years, £14,745 in last 3 years, £16,985 in last 4 years and £10,702 in last 5 years.
Currently average asking price of a property in Melrose Place, Hereford, HR4 is around £255,862 based on approximately 1 properties for sale. Same is the case with rental options based on 82 properties up for rent, average asking rent is around £871 per month.
Estimated property value in Melrose Place, Hereford, HR4 is £158,848. Average asking price is £255,862 while average price paid is £164,000 which is up by £11,101 and Avg. asking rent £871.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, Hereford, HR4 area. In last 1 year alone average price buyer paid is around £164,000 based on approximately 1 sales in Melrose Place, Hereford, HR4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £157,000. 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 £154,750 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £151,800 per sale.