Average Price for property in Melville Close, Southampton, SO16 is around £202,032 e.g. average price for terraced house is around 202,032. Values have been changing and have risen £946 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,552 in last 6 months, £14,663 in last 1 year, £24,421 in last 2 years, £25,056 in last 3 years, £23,148 in last 4 years and £24,526 in last 5 years.
Currently average asking price of a property in Melville Close, Southampton, SO16 is around £305,761 based on approximately 2 properties for sale. Same is the case with rental options based on 220 properties up for rent, average asking rent is around £1,254 per month.
Estimated property value in Melville Close, Southampton, SO16 is £202,032. Average asking price is £305,761 while average price paid is £175,000 which is up by £14,663 and Avg. asking rent £1,254.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 Melville Close, Southampton, SO16 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 2 sales in Melville Close, Southampton, SO16 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £173,800. 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 £168,885 for 14 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £165,181 per sale.