May Grove, Burnage, Manchester, M19

Street Guide For May Grove, Burnage, Manchester, M19

 

May Grove, Burnage, Manchester, M19 Map

Estimated Price: £125,566
Average Asking Price: £168,704
Price change in last one year: £10,686
Average Price Paid: £105,000
Average Rent Rates: £1,217

 

Property Prices Breakdown in May Grove, Burnage, Manchester, M19

Average Price for property in May Grove, Burnage, Manchester, M19 is around £125,566 e.g. average price for terraced house is around 125,566. Values have been changing and have risen £694 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,006 in last 6 months, £10,686 in last 1 year, £14,353 in last 2 years, £14,900 in last 3 years, £14,068 in last 4 years and £12,007 in last 5 years.

Currently average asking price of a property in May Grove, Burnage, Manchester, M19 is around £168,704 based on approximately 0 properties for sale. Same is the case with rental options based on 177 properties up for rent, average asking rent is around £1,217 per month.

Estimated property value in May Grove, Burnage, Manchester, M19 is £125,566. Average asking price is £168,704 while average price paid is £97,833 which is up by £14,900 and Avg. asking rent £1,217.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 May Grove, Burnage, Manchester, M19 area. In last 3 years alone average price buyer paid is around £97,833 based on approximately 3 sales in May Grove, Burnage, Manchester, M19 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £105,000. 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 £106,780 for 10 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 £110,236, £105,528 for a 2 bedroom house, £157,836 for a 3 bedroom house, £225,909 for a 4 bedroom house and £224,806 for a 5 bedroom house. For a flat similarly the prices varies from £62,085 for a single bedroom to £92,831 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £95,970 and £239,975 for a 4 bedroom flat. To sum up the asking prices for properties in May Grove, Burnage, Manchester, M19 it comes to around average £75,842 for 1 bedroom property, £102,527 for 2 bedroom, £154,972 for 3 bedroom, £227,034 for 4 bedroom and £224,806 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 £347 for 1 bedroom to £543 for 2 bedrooms, £771 for 3 bedrooms, £1,179 for 4 bedrooms and £1,535 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £476. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £603, £643 for 3 bedroom and £793 for 4 bedroom. You should be generally be expecting around average £417 rent per month for single bedroom property, £583 for 2 bedroom, £753 for 3 bedroom, £1,172 for 4 bedroom and approximately £1,535 for a 5 bedroom property in May Grove, Burnage, Manchester, M19 area.

Popular Houses in May Grove, Burnage, Manchester, M19

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 May Grove, Burnage, Manchester, M19