Merchant Road, Ormskirk, L39

Street Guide For Merchant Road, Ormskirk, L39

 

Merchant Road, Ormskirk, L39 Map

Estimated Price: £204,407
Average Asking Price: £374,573
Price change in last one year: £11,748
Average Price Paid: £177,997
Average Rent Rates: £1,357

 

Property Prices Breakdown in Merchant Road, Ormskirk, L39

Average Price for property in Merchant Road, Ormskirk, L39 is around £204,407 which varies based on type of property you are interested in and ranges from £222,950 for detached house to around £195,135 for terraced house. Values have been changing and have risen £959 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,664 in last 6 months, £11,748 in last 1 year, £19,047 in last 2 years, £16,464 in last 3 years, £8,682 in last 4 years and £8,832 in last 5 years.

Currently average asking price of a property in Merchant Road, Ormskirk, L39 is around £374,573 based on approximately 1 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £1,357 per month.

Estimated property value in Merchant Road, Ormskirk, L39 is £204,407. Average asking price is £374,573 while average price paid is £170,000 which is up by £11,748 and Avg. asking rent £1,357.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 Merchant Road, Ormskirk, L39 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 1 sales in Merchant Road, Ormskirk, L39 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £170,000. 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 £177,997 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £177,997 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 £110,833, £189,285 for a 2 bedroom house, £243,395 for a 3 bedroom house, £429,117 for a 4 bedroom house and £761,961 for a 5 bedroom house. For a flat similarly the prices varies from £156,400 for a single bedroom to £177,150 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £315,000 and £220,000 for a 4 bedroom flat. To sum up the asking prices for properties in Merchant Road, Ormskirk, L39 it comes to around average £139,312 for 1 bedroom property, £185,177 for 2 bedroom, £244,403 for 3 bedroom, £426,961 for 4 bedroom and £761,961 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 £390 for 1 bedroom to £654 for 2 bedrooms, £723 for 3 bedrooms, £1,416 for 4 bedrooms and £1,535 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £535. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £711, £1,452 for 3 bedroom and £1,993 for 4 bedroom. You should be generally be expecting around average £487 rent per month for single bedroom property, £695 for 2 bedroom, £789 for 3 bedroom, £1,820 for 4 bedroom and approximately £1,535 for a 5 bedroom property in Merchant Road, Ormskirk, L39 area.

Popular Houses in Merchant Road, Ormskirk, L39

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 Merchant Road, Ormskirk, L39