Average Price for property in Scotts Place, Melrose, TD6 is around £70,740 e.g. average price for a flat is around 63,803. Values have been changing and have risen £111 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,067 in last 6 months, £1,098 in last 1 year, £5,679 in last 2 years, £5,043 in last 3 years, £7,155 in last 4 years and £5,417 in last 5 years.
Currently average asking price of a property in Scotts Place, Melrose, TD6 is around £269,975 based on approximately 0 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 Scotts Place, Melrose, TD6 is £70,740. Average asking price is £269,975 while average price paid is £55,000 which is up by £5,043 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 Scotts Place, Melrose, TD6 area. In last 3 years alone average price buyer paid is around £55,000 based on approximately 1 sales in Scotts Place, Melrose, TD6 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £55,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £81,916 for 3 per sale.