Melstock Avenue, Weymouth, DT3

Street Guide For Melstock Avenue, Weymouth, DT3

 

Melstock Avenue, Weymouth, DT3 Map

Estimated Price: £299,034
Average Asking Price: £330,021
Price change in last one year: £22,705
Average Price Paid: £254,500
Average Rent Rates: £886

 

Property Prices Breakdown in Melstock Avenue, Weymouth, DT3

Average Price for property in Melstock Avenue, Weymouth, DT3 is around £299,034 e.g. average price for detached house is around 299,034. Values have been changing and have risen £3,524 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,619 in last 6 months, £22,705 in last 1 year, £29,693 in last 2 years, £34,416 in last 3 years, £29,389 in last 4 years and £33,685 in last 5 years.

Currently average asking price of a property in Melstock Avenue, Weymouth, DT3 is around £330,021 based on approximately 0 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £886 per month.

Estimated property value in Melstock Avenue, Weymouth, DT3 is £299,034. Average asking price is £330,021 while average price paid is £246,750 which is up by £34,416 and Avg. asking rent £886.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 Melstock Avenue, Weymouth, DT3 area. In last 3 years alone average price buyer paid is around £246,750 based on approximately 2 sales in Melstock Avenue, Weymouth, DT3 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £254,500. 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 £242,700 for 5 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 £137,817, £201,250 for a 2 bedroom house, £268,209 for a 3 bedroom house, £405,205 for a 4 bedroom house and £594,615 for a 5 bedroom house. For a flat similarly the prices varies from £112,308 for a single bedroom to £197,075 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £325,000. To sum up the asking prices for properties in Melstock Avenue, Weymouth, DT3 it comes to around average £125,062 for 1 bedroom property, £199,522 for 2 bedroom, £269,322 for 3 bedroom, £405,205 for 4 bedroom and £594,615 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 £717 for 2 bedroom to £901 for 3 bedroom and £1,523 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £790. You should be generally be expecting around average £757 rent per month for 2 bedroom property, £901 for 3 bedroom and approximately £1,523 for 4 bedroom property in Melstock Avenue, Weymouth, DT3 area.

Popular Houses in Melstock Avenue, Weymouth, DT3

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.

Areas in and around Melstock Avenue, Weymouth, DT3