Average Price for property in Welby Lane, Melton Mowbray, LE13 is around £136,904 which varies based on type of property you are interested in and ranges from £141,208 for detached house to around £144,370 for semi-detached. Similarly terraced house is around £113,861. Values have been changing and have risen £826 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,922 in last 6 months, £8,010 in last 1 year, £14,172 in last 2 years, £15,772 in last 3 years, £14,886 in last 4 years and £13,421 in last 5 years.
Currently average asking price of a property in Welby Lane, Melton Mowbray, LE13 is around £196,775 based on approximately 5 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £914 per month.
Estimated property value in Welby Lane, Melton Mowbray, LE13 is £136,904. Average asking price is £196,775 while average price paid is £120,790 which is up by £8,010 and Avg. asking rent £914.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 Welby Lane, Melton Mowbray, LE13 area. In last 1 year alone average price buyer paid is around £120,790 based on approximately 5 sales in Welby Lane, Melton Mowbray, LE13 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £120,994. 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 £124,817 for 14 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £120,426 per sale.