Average Price for property in Newlyn Drive, Melrose, TD6 is around £154,459 e.g. average price for semi-detached is around 151,923. Values have been changing and have risen £244 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,333 in last 6 months, £2,391 in last 1 year, £12,389 in last 2 years, £10,989 in last 3 years, £15,596 in last 4 years and £11,792 in last 5 years.
Currently average asking price of a property in Newlyn Drive, 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 Newlyn Drive, Melrose, TD6 is £154,459. Average asking price is £269,975 while average price paid is £136,000 which is up by £2,391 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 Newlyn Drive, Melrose, TD6 area. In last 1 year alone average price buyer paid is around £136,000 based on approximately 1 sales in Newlyn Drive, Melrose, TD6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £135,333. 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 £135,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £135,333 per sale.