Marina Road, Formby, Liverpool, L37

Street Guide For Marina Road, Formby, Liverpool, L37

 

Marina Road, Formby, Liverpool, L37 Map

Estimated Price: £191,452
Average Asking Price: £428,737
Price change in last one year: £10,441
Average Price Paid: £167,423
Average Rent Rates: £850

 

Property Prices Breakdown in Marina Road, Formby, Liverpool, L37

Average Price for property in Marina Road, Formby, Liverpool, L37 is around £191,452 e.g. average price for semi-detached is around 191,452. Values have been changing and have risen £1,279 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,423 in last 6 months, £10,441 in last 1 year, £17,651 in last 2 years, £16,617 in last 3 years, £11,160 in last 4 years and £13,026 in last 5 years.

Currently average asking price of a property in Marina Road, Formby, Liverpool, L37 is around £428,737 based on approximately 2 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £850 per month.

Estimated property value in Marina Road, Formby, Liverpool, L37 is £191,452. Average asking price is £428,737 while average price paid is £164,000 which is up by £10,441 and Avg. asking rent £850.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 Marina Road, Formby, Liverpool, L37 area. In last 1 year alone average price buyer paid is around £164,000 based on approximately 2 sales in Marina Road, Formby, Liverpool, L37 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £161,111. 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 £167,423 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £166,937 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 £142,498, £188,180 for a 2 bedroom house, £254,590 for a 3 bedroom house, £419,307 for a 4 bedroom house and £874,793 for a 5 bedroom house. For a flat similarly the prices varies from £101,111 for a single bedroom to £169,103 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £210,000. To sum up the asking prices for properties in Marina Road, Formby, Liverpool, L37 it comes to around average £108,636 for 1 bedroom property, £176,168 for 2 bedroom, £254,033 for 3 bedroom, £419,307 for 4 bedroom and £874,793 for a 5 bedroom property.

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 £655 for 2 bedroom to £830 for 3 bedroom and £899 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £810. You should be generally be expecting around average £598 rent per month for single bedroom property, £738 for 2 bedroom, £830 for 3 bedroom and approximately £899 for 4 bedroom property in Marina Road, Formby, Liverpool, L37 area.

Popular Houses in Marina Road, Formby, Liverpool, L37

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 Marina Road, Formby, Liverpool, L37