Average Price for property in Melton Mowbray is around £222,028 which varies based on type of property you are interested in and ranges from £310,256 for detached house to around £167,397 for semi-detached. Similarly terraced house is around £138,705 and a flat is worth £113,075. Values have been changing and have risen £4,147 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,026 in last 6 months, £20,874 in last 1 year, £18,684 in last 2 years, £25,376 in last 3 years, £27,716 in last 4 years and £22,595 in last 5 years.
Currently average asking price of a property in Melton Mowbray is around £345,687 based on approximately 628 properties for sale. Same is the case with rental options based on 78 properties up for rent, average asking rent is around £2,501 per month.
Estimated property value in Melton Mowbray is £222,028. Average asking price is £345,687 while average price paid is £197,227 which is up by £20,874 and Avg. asking rent £2,501.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 Melton Mowbray area. In last 1 year alone average price buyer paid is around £197,227 based on approximately 628 sales in Melton Mowbray area alone. If you compare it to last 3 years sales of 1,873 properties where buyers paid around £194,225. 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 £190,984 for 3,045 and average amount paid for purchase of approx. 4,141 properties sold in last 7 years comes to about £186,874 per sale.