Meachin Avenue, Chorlton Cum Hardy, Manchester, M21

Street Guide For Meachin Avenue, Chorlton Cum Hardy, Manchester, M21

 

Meachin Avenue, Chorlton Cum Hardy, Manchester, M21 Map

Estimated Price: £162,608
Average Asking Price: £358,937
Price change in last one year: £9,982
Average Price Paid: £150,000
Average Rent Rates: £607

 

Property Prices Breakdown in Meachin Avenue, Chorlton Cum Hardy, Manchester, M21

Average Price for property in Meachin Avenue, Chorlton Cum Hardy, Manchester, M21 is around £162,608 which varies based on type of property you are interested in and ranges from £148,569 for detached house to around £170,412 for semi-detached. Similarly terraced house is around £153,961. Values have been changing and have risen £186 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,275 in last 6 months, £9,982 in last 1 year, £15,121 in last 2 years, £16,534 in last 3 years, £16,375 in last 4 years and £15,610 in last 5 years.

Currently average asking price of a property in Meachin Avenue, Chorlton Cum Hardy, Manchester, M21 is around £358,937 based on approximately 1 properties for sale. Same is the case with rental options based on 63 properties up for rent, average asking rent is around £607 per month.

Estimated property value in Meachin Avenue, Chorlton Cum Hardy, Manchester, M21 is £162,608. Average asking price is £358,937 while average price paid is £132,000 which is up by £9,982 and Avg. asking rent £607.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 Meachin Avenue, Chorlton Cum Hardy, Manchester, M21 area. In last 1 year alone average price buyer paid is around £132,000 based on approximately 1 sales in Meachin Avenue, Chorlton Cum Hardy, Manchester, M21 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £150,000. 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 £150,000 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £141,400 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 £63,000, £229,490 for a 2 bedroom house, £298,815 for a 3 bedroom house, £489,608 for a 4 bedroom house and £513,125 for a 5 bedroom house. For a flat similarly the prices varies from £123,058 for a single bedroom to £159,141 for a 2 bedroom Flat. Same is the case with 5 bedroom flat £475,000. To sum up the asking prices for properties in Meachin Avenue, Chorlton Cum Hardy, Manchester, M21 it comes to around average £114,479 for 1 bedroom property, £191,118 for 2 bedroom, £298,815 for 3 bedroom, £489,608 for 4 bedroom and £500,417 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 £362 for 1 bedroom to £809 for 3 bedroom, £784 for 4 bedroom and £715 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £489. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £684 and £923 for 3 bedroom. You should be generally be expecting around average £461 rent per month for single bedroom property, £684 for 2 bedroom, £842 for 3 bedroom, £784 for 4 bedroom and approximately £715 for a 5 bedroom property in Meachin Avenue, Chorlton Cum Hardy, Manchester, M21 area.

Popular Houses in Meachin Avenue, Chorlton Cum Hardy, Manchester, M21

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 Meachin Avenue, Chorlton Cum Hardy, Manchester, M21