ME18

Real Estate Area Guide For ME18

 

ME18 Map

Estimated Price: £418,777
Average Asking Price: £751,027
Price change in last one year: £35,117
Average Price Paid: £333,147
Average Rent Rates: £3,000

 

Property Prices Breakdown in ME18

Average Price for property in ME18 is around £418,777 which varies based on type of property you are interested in and ranges from £558,269 for detached house to around £349,810 for semi-detached. Similarly terraced house is around £285,052 and a flat is worth £166,772. Values have been changing and have risen £1,737 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,413 in last 6 months, £35,117 in last 1 year, £53,815 in last 2 years, £67,101 in last 3 years, £59,395 in last 4 years and £58,129 in last 5 years.

Currently average asking price of a property in ME18 is around £751,027 based on approximately 83 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £3,000 per month.

Estimated property value in ME18 is £418,777. Average asking price is £751,027 while average price paid is £323,822 which is up by £35,117 and Avg. asking rent £3,000.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 ME18 area. In last 1 year alone average price buyer paid is around £323,822 based on approximately 83 sales in ME18 area alone. If you compare it to last 3 years sales of 241 properties where buyers paid around £323,952. 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 £333,147 for 372 and average amount paid for purchase of approx. 484 properties sold in last 7 years comes to about £323,422 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 £342,500, £353,656 for a 3 bedroom house, £550,360 for a 4 bedroom house and £1,645,833 for a 5 bedroom house. For a flat similarly the prices varies from £104,995 for a single bedroom to £127,699 for a 2 bedroom Flat. To sum up the asking prices for properties in ME18 it comes to around average £104,995 for 1 bedroom property, £189,071 for 2 bedroom, £353,656 for 3 bedroom, £550,360 for 4 bedroom and £1,645,833 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 £1,148 for 2 bedroom to £1,376 for 3 bedroom, £1,248 for 4 bedroom and £10,001 for 5 bedroom. You should be generally be expecting around average £1,148 rent per month for 2 bedroom property, £1,376 for 3 bedroom, £1,248 for 4 bedroom and approximately £10,001 for 5 bedroom property in ME18 area.

Popular Houses in ME18

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.

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