Provost Melrose Place, Peebles, EH45

Street Guide For Provost Melrose Place, Peebles, EH45

 

Provost Melrose Place, Peebles, EH45 Map

Estimated Price: £128,187
Average Asking Price: £274,693
Price change in last one year: £12,143
Average Price Paid: £152,500
Average Rent Rates: £685

 

Property Prices Breakdown in Provost Melrose Place, Peebles, EH45

Average Price for property in Provost Melrose Place, Peebles, EH45 is around £128,187 which varies based on type of property you are interested in and ranges from £124,614 for semi-detached to around £136,810 for terraced house. Values have been changing and have risen £1,916 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,098 in last 6 months, £12,143 in last 1 year, £14,947 in last 2 years, £16,794 in last 3 years, £17,471 in last 4 years and £14,639 in last 5 years.

Currently average asking price of a property in Provost Melrose Place, Peebles, EH45 is around £274,693 based on approximately 1 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £685 per month.

Estimated property value in Provost Melrose Place, Peebles, EH45 is £128,187. Average asking price is £274,693 while average price paid is £150,000 which is up by £12,143 and Avg. asking rent £685.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 Provost Melrose Place, Peebles, EH45 area. In last 1 year alone average price buyer paid is around £150,000 based on approximately 1 sales in Provost Melrose Place, Peebles, EH45 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £150,000. 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 £152,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £152,500 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 £80,000, £159,064 for a 2 bedroom house, £204,167 for a 3 bedroom house, £322,780 for a 4 bedroom house and £396,994 for a 5 bedroom house. For a flat similarly the prices varies from £76,667 for a single bedroom to £116,999 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £149,500. To sum up the asking prices for properties in Provost Melrose Place, Peebles, EH45 it comes to around average £77,500 for 1 bedroom property, £138,032 for 2 bedroom, £190,500 for 3 bedroom, £322,780 for 4 bedroom and £396,994 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 £663 for 2 bedroom to £830 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £416. You should be generally be expecting around average £416 rent per month for single bedroom property, £663 for 2 bedroom and approximately £830 for 4 bedroom property in Provost Melrose Place, Peebles, EH45 area.

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 Provost Melrose Place, Peebles, EH45