Fernie Street, Manchester, M4

Street Guide For Fernie Street, Manchester, M4

 
 

Fernie Street, Manchester, M4 Map

Estimated Price: £153,304
Average Asking Price: £160,108
Price change in last one year: £10,629
Average Price Paid: £127,396
Average Rent Rates: £961

Metro Residential
2 Arena Court Mirabel Street, Manchester, M3 1PJ

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Property Prices Breakdown in Fernie Street, Manchester, M4

Average Price for property in Fernie Street, Manchester, M4 is around £153,304 e.g. average price for a flat is around 153,304. Values have been changing and have risen £5 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £309 in last 6 months, £10,629 in last 1 year, £16,138 in last 2 years, £16,008 in last 3 years, £16,490 in last 4 years and £15,264 in last 5 years.

Currently average asking price of a property in Fernie Street, Manchester, M4 is around £160,108 based on approximately 11 properties for sale. Same is the case with rental options based on 139 properties up for rent, average asking rent is around £961 per month.

Estimated property value in Fernie Street, Manchester, M4 is £153,304. Average asking price is £160,108 while average price paid is £128,313 which is up by £10,629 and Avg. asking rent £961.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 Fernie Street, Manchester, M4 area. In last 1 year alone average price buyer paid is around £128,313 based on approximately 11 sales in Fernie Street, Manchester, M4 area alone. If you compare it to last 3 years sales of 26 properties where buyers paid around £131,051. 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 £127,396 for 40 and average amount paid for purchase of approx. 168 properties sold in last 7 years comes to about £137,302 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £110,000, £188,738 for a 2 bedroom house and £292,485 for a 3 bedroom house. For a flat similarly the prices varies from £114,873 for a single bedroom to £167,358 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £275,156. To sum up the asking prices for properties in Fernie Street, Manchester, M4 it comes to around average £114,827 for 1 bedroom property, £167,982 for 2 bedroom and £283,821 for 3 bedroom.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £687. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £951 and £2,135 for 3 bedroom. You should be generally be expecting around average £687 rent per month for single bedroom property, £951 for 2 bedroom and approximately £2,135 for 3 bedroom property in Fernie Street, Manchester, M4 area.

Popular Houses in Fernie Street, Manchester, M4

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Fernie Street, Manchester, M4