Mercers Place, London, W6

Street Guide For Mercers Place, London, W6

 
 

Mercers Place, London, W6 Map

Estimated Price: £1,774,333
Average Asking Price: £1,166,233
Price change in last one year: £189,590
Average Price Paid: £1,470,000
Average Rent Rates: £2,543

Gilli International Property Ltd
186 Brompton Park Crescent, London, SW6 1SX

Free House valuation

 

Property Prices Breakdown in Mercers Place, London, W6

Average Price for property in Mercers Place, London, W6 is around £1,774,333 which varies based on type of property you are interested in and ranges from £1,727,644 for semi-detached to around £1,789,896 for terraced house. Values have been changing and have risen £11,747 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £36,397 in last 6 months, £189,590 in last 1 year, £384,198 in last 2 years, £470,142 in last 3 years, £491,860 in last 4 years and £522,221 in last 5 years.

Currently average asking price of a property in Mercers Place, London, W6 is around £1,166,233 based on approximately 1 properties for sale. Same is the case with rental options based on 358 properties up for rent, average asking rent is around £2,543 per month.

Estimated property value in Mercers Place, London, W6 is £1,774,333. Average asking price is £1,166,233 while average price paid is £1,475,000 which is up by £189,590 and Avg. asking rent £2,543.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 Place, London, W6 area. In last 1 year alone average price buyer paid is around £1,475,000 based on approximately 1 sales in Mercers Place, London, W6 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £1,470,000. 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 £1,470,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £1,470,000 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 £412,488, £1,123,119 for a 2 bedroom house, £1,265,318 for a 3 bedroom house, £1,476,570 for a 4 bedroom house and £2,262,379 for a 5 bedroom house. For a flat similarly the prices varies from £477,875 for a single bedroom to £974,647 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,037,694, £1,481,233 for a 4 bedroom flat and £750,000 for a 5 bedroom flat. To sum up the asking prices for properties in Mercers Place, London, W6 it comes to around average £473,656 for 1 bedroom property, £983,071 for 2 bedroom, £1,724,266 for 3 bedroom, £1,477,668 for 4 bedroom and £2,193,634 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 £1,624 for 1 bedroom to £2,525 for 2 bedrooms, £4,096 for 3 bedrooms, £4,496 for 4 bedrooms and £6,484 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,526. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,369, £2,994 for 3 bedroom and £4,809 for 4 bedroom. You should be generally be expecting around average £1,534 rent per month for single bedroom property, £2,396 for 2 bedroom, £3,289 for 3 bedroom, £4,606 for 4 bedroom and approximately £6,484 for a 5 bedroom property in Mercers Place, London, W6 area.

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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Areas in and around Mercers Place, London, W6