Melrose Road, London, SW19

Street Guide For Melrose Road, London, SW19

 

Melrose Road, London, SW19 Map

Estimated Price: £1,244,679
Average Asking Price: £1,082,977
Price change in last one year: £126,380
Average Price Paid: £885,000
Average Rent Rates: £2,605

 

Property Prices Breakdown in Melrose Road, London, SW19

Average Price for property in Melrose Road, London, SW19 is around £1,244,679 which varies based on type of property you are interested in and ranges from £1,214,847 for semi-detached to around £1,662,330 for terraced house. Values have been changing and have risen £1,988 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,057 in last 6 months, £126,380 in last 1 year, £235,381 in last 2 years, £315,822 in last 3 years, £349,763 in last 4 years and £352,834 in last 5 years.

Currently average asking price of a property in Melrose Road, London, SW19 is around £1,082,977 based on approximately 2 properties for sale. Same is the case with rental options based on 678 properties up for rent, average asking rent is around £2,605 per month.

Estimated property value in Melrose Road, London, SW19 is £1,244,679. Average asking price is £1,082,977 while average price paid is £1,305,000 which is up by £126,380 and Avg. asking rent £2,605.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, London, SW19 area. In last 1 year alone average price buyer paid is around £1,305,000 based on approximately 2 sales in Melrose Road, London, SW19 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £977,000. 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 £885,000 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £885,000 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 £275,000, £664,428 for a 2 bedroom house, £793,335 for a 3 bedroom house, £1,343,857 for a 4 bedroom house and £2,334,117 for a 5 bedroom house. For a flat similarly the prices varies from £329,981 for a single bedroom to £522,559 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £688,977 and £631,667 for a 4 bedroom flat. To sum up the asking prices for properties in Melrose Road, London, SW19 it comes to around average £328,835 for 1 bedroom property, £548,976 for 2 bedroom, £756,408 for 3 bedroom, £1,285,321 for 4 bedroom and £2,334,117 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 £1,163 for 1 bedroom to £1,913 for 2 bedrooms, £2,702 for 3 bedrooms, £4,578 for 4 bedrooms and £6,980 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,452. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,973, £2,756 for 3 bedroom and £3,573 for 4 bedroom. You should be generally be expecting around average £1,430 rent per month for single bedroom property, £1,965 for 2 bedroom, £2,730 for 3 bedroom, £4,423 for 4 bedroom and approximately £6,980 for a 5 bedroom property in Melrose Road, London, SW19 area.

Popular Houses in Melrose Road, London, SW19

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.

Transportation in Melrose Road, London, SW19

Areas in and around Melrose Road, London, SW19