Lower Merridge, Bridgwater, TA5

Street Guide For Lower Merridge, Bridgwater, TA5

 

Lower Merridge, Bridgwater, TA5 Map

Estimated Price: £401,725
Average Asking Price: £393,472
Price change in last one year: £31,527
Average Price Paid: £309,000
Average Rent Rates: £799

 

Property Prices Breakdown in Lower Merridge, Bridgwater, TA5

Average Price for property in Lower Merridge, Bridgwater, TA5 is around £401,725 which varies based on type of property you are interested in and ranges from £477,229 for detached house to around £250,719 for semi-detached. Values have been changing and have risen £2,784 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,452 in last 6 months, £31,527 in last 1 year, £31,606 in last 2 years, £36,027 in last 3 years, £35,188 in last 4 years and £39,943 in last 5 years.

Currently average asking price of a property in Lower Merridge, Bridgwater, TA5 is around £393,472 based on approximately 0 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £799 per month.

Estimated property value in Lower Merridge, Bridgwater, TA5 is £401,725. Average asking price is £393,472 while average price paid is £309,000 which is up by £36,027 and Avg. asking rent £799.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 Lower Merridge, Bridgwater, TA5 area. In last 3 years alone average price buyer paid is around £309,000 based on approximately 2 sales in Lower Merridge, Bridgwater, TA5 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £309,000. 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 £278,250 for 4 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 2 bedroom is around £173,625, £283,940 for a 3 bedroom house, £338,480 for a 4 bedroom house and £505,200 for a 5 bedroom house. To sum up the asking prices for properties in Lower Merridge, Bridgwater, TA5 it comes to around average £173,625 for 2 bedroom property, £283,940 for 3 bedroom, £338,480 for 4 bedroom and £505,200 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £604 for 2 bedroom to £699 for 3 bedroom, £1,012 for 4 bedroom and £1,400 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £802. You should be generally be expecting around average £566 rent per month for 2 bedroom property, £716 for 3 bedroom, £1,012 for 4 bedroom and approximately £1,400 for 5 bedroom property in Lower Merridge, Bridgwater, TA5 area.

Popular Houses in Lower Merridge, Bridgwater, TA5

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 Lower Merridge, Bridgwater, TA5