Average Price for property in Melrose Road, Gainsborough, DN21 is around £79,388 which varies based on type of property you are interested in and ranges from £85,351 for detached house to around £92,156 for semi-detached. Similarly terraced house is around £70,097. Values have been changing and have risen £349 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £544 in last 6 months, £2,950 in last 1 year, £5,627 in last 2 years, £5,516 in last 3 years, £3,998 in last 4 years and £1,261 in last 5 years.
Currently average asking price of a property in Melrose Road, Gainsborough, DN21 is around £185,694 based on approximately 4 properties for sale. Same is the case with rental options based on 143 properties up for rent, average asking rent is around £479 per month.
Estimated property value in Melrose Road, Gainsborough, DN21 is £79,388. Average asking price is £185,694 while average price paid is £66,375 which is up by £2,950 and Avg. asking rent £479.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 Road, Gainsborough, DN21 area. In last 1 year alone average price buyer paid is around £66,375 based on approximately 4 sales in Melrose Road, Gainsborough, DN21 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £64,186. 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 £64,937 for 16 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £67,404 per sale.