Average Price for property in Mercers Avenue, Bishop's Stortford, CM23 is around £667,862 e.g. average price for detached house is around 667,862. Values have been changing and have risen £1,133 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,291 in last 6 months, £55,675 in last 1 year, £73,863 in last 2 years, £96,411 in last 3 years, £83,948 in last 4 years and £89,641 in last 5 years.
Currently average asking price of a property in Mercers Avenue, Bishop's Stortford, CM23 is around £387,132 based on approximately 1 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,057 per month.
Estimated property value in Mercers Avenue, Bishop's Stortford, CM23 is £667,862. Average asking price is £387,132 while average price paid is £513,500 which is up by £55,675 and Avg. asking rent £1,057.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 Mercers Avenue, Bishop's Stortford, CM23 area. In last 1 year alone average price buyer paid is around £513,500 based on approximately 1 sales in Mercers Avenue, Bishop's Stortford, CM23 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £506,750. 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 £503,400 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £487,833 per sale.