Melville Road, Redland, Bristol, BS6

Street Guide For Melville Road, Redland, Bristol, BS6

 
 

Melville Road, Redland, Bristol, BS6 Map

Estimated Price: £337,412
Average Asking Price: £319,833
Price change in last one year: £22,391
Average Price Paid: £235,281
Average Rent Rates: £1,050

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78 Queen's Ave, Bristol, City of Bristol BS8

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Property Prices Breakdown in Melville Road, Redland, Bristol, BS6

Average Price for property in Melville Road, Redland, Bristol, BS6 is around £337,412 which varies based on type of property you are interested in and ranges from £551,008 for detached house to around £541,945 for terraced house. Similarly flat is around £242,794. Values have been changing and have risen £1,522 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,719 in last 6 months, £22,391 in last 1 year, £44,509 in last 2 years, £47,469 in last 3 years, £48,604 in last 4 years and £50,252 in last 5 years.

Currently average asking price of a property in Melville Road, Redland, Bristol, BS6 is around £319,833 based on approximately 1 properties for sale. Same is the case with rental options based on 154 properties up for rent, average asking rent is around £1,050 per month.

Estimated property value in Melville Road, Redland, Bristol, BS6 is £337,412. Average asking price is £319,833 while average price paid is £520,000 which is up by £22,391 and Avg. asking rent £1,050.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 Road, Redland, Bristol, BS6 area. In last 1 year alone average price buyer paid is around £520,000 based on approximately 1 sales in Melville Road, Redland, Bristol, BS6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £294,983. 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 £235,281 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £236,916 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 3 bedroom is around £400,000, £517,500 for a 4 bedroom house and £620,000 for a 5 bedroom house. For a flat similarly the prices varies from £163,431 for a single bedroom to £278,435 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £350,000 and £329,750 for a 4 bedroom flat. To sum up the asking prices for properties in Melville Road, Redland, Bristol, BS6 it comes to around average £163,431 for 1 bedroom property, £278,435 for 2 bedroom, £383,333 for 3 bedroom, £479,950 for 4 bedroom and £620,000 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 £494 for 1 bedroom to £819 for 2 bedrooms, £871 for 3 bedrooms, £1,290 for 4 bedrooms and £1,356 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £883. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £930, £584 for 3 bedroom, £956 for 4 bedroom and around £1,374 for 5 bedroom flat. You should be generally be expecting around average £805 rent per month for single bedroom property, £926 for 2 bedroom, £662 for 3 bedroom, £1,111 for 4 bedroom and approximately £1,365 for a 5 bedroom property in Melville Road, Redland, Bristol, BS6 area.

Popular Houses in Melville Road, Redland, Bristol, BS6

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 Melville Road, Redland, Bristol, BS6