Average Price for property in Merchant Way, Cottingham, HU16 is around £187,013 which varies based on type of property you are interested in and ranges from £188,578 for semi-detached to around £170,582 for terraced house. Values have been changing and have risen £196 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £204 in last 6 months, £7,981 in last 1 year, £11,875 in last 2 years, £18,475 in last 3 years, £15,592 in last 4 years and £9,993 in last 5 years.
Currently average asking price of a property in Merchant Way, Cottingham, HU16 is around £222,292 based on approximately 1 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £657 per month.
Estimated property value in Merchant Way, Cottingham, HU16 is £187,013. Average asking price is £222,292 while average price paid is £157,000 which is up by £7,981 and Avg. asking rent £657.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 Way, Cottingham, HU16 area. In last 1 year alone average price buyer paid is around £157,000 based on approximately 1 sales in Merchant Way, Cottingham, HU16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £160,750. 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 £167,997 for 24 and average amount paid for purchase of approx. 41 properties sold in last 7 years comes to about £173,387 per sale.