Lower Street, Merriott, TA16

Street Guide For Lower Street, Merriott, TA16

 

Lower Street, Merriott, TA16 Map

Estimated Price: £280,449
Average Asking Price: £269,490
Price change in last one year: £19,382
Average Price Paid: £249,758
Average Rent Rates: £524

 

Property Prices Breakdown in Lower Street, Merriott, TA16

Average Price for property in Lower Street, Merriott, TA16 is around £280,449 which varies based on type of property you are interested in and ranges from £412,787 for detached house to around £246,179 for semi-detached. Similarly terraced house is around £217,981 and a flat is worth £139,459. Values have been changing and have risen £1,524 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,488 in last 6 months, £19,382 in last 1 year, £21,155 in last 2 years, £24,857 in last 3 years, £27,110 in last 4 years and £29,737 in last 5 years.

Currently average asking price of a property in Lower Street, Merriott, TA16 is around £269,490 based on approximately 4 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £524 per month.

Estimated property value in Lower Street, Merriott, TA16 is £280,449. Average asking price is £269,490 while average price paid is £201,750 which is up by £19,382 and Avg. asking rent £524.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 Street, Merriott, TA16 area. In last 1 year alone average price buyer paid is around £201,750 based on approximately 4 sales in Lower Street, Merriott, TA16 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £249,600. 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 £249,758 for 24 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £257,203 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 £190,000, £205,817 for a 3 bedroom house, £337,500 for a 4 bedroom house and £650,000 for a 5 bedroom house. To sum up the asking prices for properties in Lower Street, Merriott, TA16 it comes to around average £190,000 for 2 bedroom property, £205,817 for 3 bedroom, £337,500 for 4 bedroom and £650,000 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 is £524 for 2 bedroom. You should be generally be expecting around average £524 rent per month for 2 bedroom property in Lower Street, Merriott, TA16 area.

Popular Houses in Lower Street, Merriott, TA16

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 Street, Merriott, TA16