Average Price for property in Melrose Road, Sheffield, S3 is around £117,923 which varies based on type of property you are interested in and ranges from £140,060 for detached house to around £135,739 for semi-detached. Similarly terraced house is around £111,410 and a flat is worth £151,328. Values have been changing and have risen £466 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £416 in last 6 months, £4,840 in last 1 year, £8,443 in last 2 years, £8,595 in last 3 years, £6,348 in last 4 years and £5,166 in last 5 years.
Currently average asking price of a property in Melrose Road, Sheffield, S3 is around £93,879 based on approximately 1 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £663 per month.
Estimated property value in Melrose Road, Sheffield, S3 is £117,923. Average asking price is £93,879 while average price paid is £140,000 which is up by £4,840 and Avg. asking rent £663.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, Sheffield, S3 area. In last 1 year alone average price buyer paid is around £140,000 based on approximately 1 sales in Melrose Road, Sheffield, S3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £117,500. 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 £129,400 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £129,000 per sale.