Average Price for property in Morow Gardens, Melrose, TD6 is around £103,690 e.g. average price for a flat is around 102,107. Values have been changing and have risen £164 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,566 in last 6 months, £1,605 in last 1 year, £8,317 in last 2 years, £7,380 in last 3 years, £10,473 in last 4 years and £7,921 in last 5 years.
Currently average asking price of a property in Morow Gardens, Melrose, TD6 is around £269,975 based on approximately 1 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £508 per month.
Estimated property value in Morow Gardens, Melrose, TD6 is £103,690. Average asking price is £269,975 while average price paid is £110,000 which is up by £1,605 and Avg. asking rent £508.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 Morow Gardens, Melrose, TD6 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 1 sales in Morow Gardens, Melrose, TD6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £96,111. 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 £96,111 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £99,466 per sale.