Melrose Avenue, Didsbury, Manchester, M20

Street Guide For Melrose Avenue, Didsbury, Manchester, M20

 

Melrose Avenue, Didsbury, Manchester, M20 Map

Estimated Price: £327,360
Average Asking Price: £288,985
Price change in last one year: £23,779
Average Price Paid: £331,250
Average Rent Rates: £1,247

 

Property Prices Breakdown in Melrose Avenue, Didsbury, Manchester, M20

Average Price for property in Melrose Avenue, Didsbury, Manchester, M20 is around £327,360 e.g. average price for semi-detached is around 327,360. Values have been changing and have risen £827 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,778 in last 6 months, £23,779 in last 1 year, £33,431 in last 2 years, £34,394 in last 3 years, £33,442 in last 4 years and £30,639 in last 5 years.

Currently average asking price of a property in Melrose Avenue, Didsbury, Manchester, M20 is around £288,985 based on approximately 1 properties for sale. Same is the case with rental options based on 743 properties up for rent, average asking rent is around £1,247 per month.

Estimated property value in Melrose Avenue, Didsbury, Manchester, M20 is £327,360. Average asking price is £288,985 while average price paid is £360,000 which is up by £23,779 and Avg. asking rent £1,247.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 Melrose Avenue, Didsbury, Manchester, M20 area. In last 1 year alone average price buyer paid is around £360,000 based on approximately 1 sales in Melrose Avenue, Didsbury, Manchester, M20 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £345,000. 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 £331,250 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £323,600 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 £169,950, £240,596 for a 2 bedroom house, £227,630 for a 3 bedroom house, £455,088 for a 4 bedroom house and £477,990 for a 5 bedroom house. For a flat similarly the prices varies from £120,952 for a single bedroom to £215,697 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £228,300. To sum up the asking prices for properties in Melrose Avenue, Didsbury, Manchester, M20 it comes to around average £122,641 for 1 bedroom property, £219,906 for 2 bedroom, £227,671 for 3 bedroom, £455,088 for 4 bedroom and £477,990 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 £464 for 1 bedroom to £790 for 2 bedrooms, £805 for 3 bedrooms, £1,132 for 4 bedrooms and £1,400 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £551. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £752, £968 for 3 bedroom, £1,309 for 4 bedroom and around £2,257 for 5 bedroom flat. You should be generally be expecting around average £542 rent per month for single bedroom property, £757 for 2 bedroom, £856 for 3 bedroom, £1,155 for 4 bedroom and approximately £1,476 for a 5 bedroom property in Melrose Avenue, Didsbury, Manchester, M20 area.

Popular Houses in Melrose Avenue, Didsbury, Manchester, M20

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 Melrose Avenue, Didsbury, Manchester, M20