Average Price for property in Melrose Road, Shirley, Southampton, SO15 is around £446,819 which varies based on type of property you are interested in and ranges from £449,498 for detached house to around £393,246 for semi-detached. Similarly terraced house is around £359,548. Values have been changing and have risen £3,836 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,225 in last 6 months, £32,451 in last 1 year, £54,768 in last 2 years, £57,613 in last 3 years, £44,065 in last 4 years and £53,188 in last 5 years.
Currently average asking price of a property in Melrose Road, Shirley, Southampton, SO15 is around £194,666 based on approximately 3 properties for sale. Same is the case with rental options based on 841 properties up for rent, average asking rent is around £1,053 per month.
Estimated property value in Melrose Road, Shirley, Southampton, SO15 is £446,819. Average asking price is £194,666 while average price paid is £371,666 which is up by £32,451 and Avg. asking rent £1,053.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, Shirley, Southampton, SO15 area. In last 1 year alone average price buyer paid is around £371,666 based on approximately 3 sales in Melrose Road, Shirley, Southampton, SO15 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £381,000. 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 £381,000 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £355,605 per sale.