Average Price for property in Melrose Close, Gosforth, Newcastle upon Tyne, NE3 is around £299,472 which varies based on type of property you are interested in and ranges from £280,073 for semi-detached to around £323,721 for terraced house. Values have been changing and have risen £254 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £193 in last 6 months, £19,391 in last 1 year, £23,633 in last 2 years, £37,591 in last 3 years, £25,215 in last 4 years and £21,996 in last 5 years.
Currently average asking price of a property in Melrose Close, Gosforth, Newcastle upon Tyne, NE3 is around £229,283 based on approximately 0 properties for sale. Same is the case with rental options based on 324 properties up for rent, average asking rent is around £1,031 per month.
Estimated property value in Melrose Close, Gosforth, Newcastle upon Tyne, NE3 is £299,472. Average asking price is £229,283 while average price paid is £237,500 which is up by £21,996 and Avg. asking rent £1,031.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 Melrose Close, Gosforth, Newcastle upon Tyne, NE3 area. In last 5 years alone average price buyer paid is around £237,500 based on approximately 2 sales in Melrose Close, Gosforth, Newcastle upon Tyne, NE3 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £237,500.