ME6

Real Estate Area Guide For ME6

 

ME6 Map

Estimated Price: £207,790
Average Asking Price: £258,962
Price change in last one year: £19,877
Average Price Paid: £184,005
Average Rent Rates: £649

 

Property Prices Breakdown in ME6

Average Price for property in ME6 is around £207,790 which varies based on type of property you are interested in and ranges from £316,076 for detached house to around £222,749 for semi-detached. Similarly terraced house is around £190,709 and a flat is worth £147,267. Values have been changing and have risen £1,784 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,374 in last 6 months, £19,877 in last 1 year, £29,467 in last 2 years, £35,555 in last 3 years, £31,961 in last 4 years and £31,511 in last 5 years.

Currently average asking price of a property in ME6 is around £258,962 based on approximately 166 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £649 per month.

Estimated property value in ME6 is £207,790. Average asking price is £258,962 while average price paid is £197,403 which is up by £19,877 and Avg. asking rent £649.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 ME6 area. In last 1 year alone average price buyer paid is around £197,403 based on approximately 166 sales in ME6 area alone. If you compare it to last 3 years sales of 480 properties where buyers paid around £191,700. 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 £184,005 for 807 and average amount paid for purchase of approx. 1,063 properties sold in last 7 years comes to about £181,874 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 £139,000, £209,495 for a 2 bedroom house, £317,834 for a 3 bedroom house, £319,993 for a 4 bedroom house and £356,650 for a 5 bedroom house. For a flat similarly the prices varies from £132,988 for a single bedroom to £174,618 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £340,000. To sum up the asking prices for properties in ME6 it comes to around average £136,328 for 1 bedroom property, £193,994 for 2 bedroom, £318,687 for 3 bedroom, £319,993 for 4 bedroom and £356,650 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 is £949 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £624. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £897. You should be generally be expecting around average £624 rent per month for single bedroom property and approximately £923 for 3 bedroom property in ME6 area.

Popular Houses in ME6

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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