Average Price for property in Rectory Road, Edgefield, Melton Constable, NR24 is around £394,880 which varies based on type of property you are interested in and ranges from £471,986 for detached house to around £140,077 for semi-detached. Similarly terraced house is around £109,944. Values have been changing and have risen £2,397 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,708 in last 6 months, £31,641 in last 1 year, £41,854 in last 2 years, £52,454 in last 3 years, £50,568 in last 4 years and £46,960 in last 5 years.
Currently average asking price of a property in Rectory Road, Edgefield, Melton Constable, NR24 is around £320,006 based on approximately 2 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,160 per month.
Estimated property value in Rectory Road, Edgefield, Melton Constable, NR24 is £394,880. Average asking price is £320,006 while average price paid is £352,500 which is up by £31,641 and Avg. asking rent £1,160.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 Rectory Road, Edgefield, Melton Constable, NR24 area. In last 1 year alone average price buyer paid is around £352,500 based on approximately 2 sales in Rectory Road, Edgefield, Melton Constable, NR24 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £316,875. 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 £316,875 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £303,420 per sale.