Average Price for property in Melrose, Washington, NE38 is around £200,340 which varies based on type of property you are interested in and ranges from £206,584 for detached house to around £192,397 for semi-detached. Similarly terraced house is around £202,040. Values have been changing and have risen £394 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,835 in last 6 months, £10,813 in last 1 year, £14,528 in last 2 years, £23,481 in last 3 years, £15,033 in last 4 years and £10,450 in last 5 years.
Currently average asking price of a property in Melrose, Washington, NE38 is around £173,633 based on approximately 0 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £615 per month.
Estimated property value in Melrose, Washington, NE38 is £200,340. Average asking price is £173,633 while average price paid is £179,983 which is up by £23,481 and Avg. asking rent £615.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, Washington, NE38 area. In last 3 years alone average price buyer paid is around £179,983 based on approximately 3 sales in Melrose, Washington, NE38 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £179,983. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £189,990 for 5 per sale.