Melbourne Road, Bramhall, Stockport, SK7

Street Guide For Melbourne Road, Bramhall, Stockport, SK7

 

Melbourne Road, Bramhall, Stockport, SK7 Map

Estimated Price: £363,960
Average Asking Price: £349,122
Price change in last one year: £21,331
Average Price Paid: £289,816
Average Rent Rates: £982

 

Property Prices Breakdown in Melbourne Road, Bramhall, Stockport, SK7

Average Price for property in Melbourne Road, Bramhall, Stockport, SK7 is around £363,960 which varies based on type of property you are interested in and ranges from £360,209 for detached house to around £431,485 for semi-detached. Values have been changing and have risen £473 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,558 in last 6 months, £21,331 in last 1 year, £30,707 in last 2 years, £34,566 in last 3 years, £36,301 in last 4 years and £34,039 in last 5 years.

Currently average asking price of a property in Melbourne Road, Bramhall, Stockport, SK7 is around £349,122 based on approximately 2 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £982 per month.

Estimated property value in Melbourne Road, Bramhall, Stockport, SK7 is £363,960. Average asking price is £349,122 while average price paid is £317,000 which is up by £21,331 and Avg. asking rent £982.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 Melbourne Road, Bramhall, Stockport, SK7 area. In last 1 year alone average price buyer paid is around £317,000 based on approximately 2 sales in Melbourne Road, Bramhall, Stockport, SK7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £311,316. 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 £289,816 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £288,842 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 £59,475, £169,147 for a 2 bedroom house, £259,566 for a 3 bedroom house, £526,807 for a 4 bedroom house and £675,332 for a 5 bedroom house. For a flat similarly the prices varies from £97,262 for a single bedroom to £159,507 for a 2 bedroom Flat. To sum up the asking prices for properties in Melbourne Road, Bramhall, Stockport, SK7 it comes to around average £91,864 for 1 bedroom property, £165,491 for 2 bedroom, £259,566 for 3 bedroom, £526,807 for 4 bedroom and £675,332 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 £697 for 2 bedroom to £836 for 3 bedroom, £1,265 for 4 bedroom and £2,833 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £503. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £682 and £576 for 3 bedroom. You should be generally be expecting around average £503 rent per month for single bedroom property, £691 for 2 bedroom, £820 for 3 bedroom, £1,265 for 4 bedroom and approximately £2,833 for a 5 bedroom property in Melbourne Road, Bramhall, Stockport, SK7 area.

Popular Houses in Melbourne Road, Bramhall, Stockport, SK7

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 Melbourne Road, Bramhall, Stockport, SK7