Average Price for property in Merchants Quay, Salford, M50 is around £288,639 which varies based on type of property you are interested in and ranges from £303,762 for detached house to around £326,134 for semi-detached. Similarly terraced house is around £333,346 and a flat is worth £216,688. Values have been changing and have risen £655 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,249 in last 6 months, £19,788 in last 1 year, £29,885 in last 2 years, £30,275 in last 3 years, £29,384 in last 4 years and £27,734 in last 5 years.
Currently average asking price of a property in Merchants Quay, Salford, M50 is around £205,682 based on approximately 5 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £1,509 per month.
Estimated property value in Merchants Quay, Salford, M50 is £288,639. Average asking price is £205,682 while average price paid is £248,800 which is up by £19,788 and Avg. asking rent £1,509.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 Merchants Quay, Salford, M50 area. In last 1 year alone average price buyer paid is around £248,800 based on approximately 5 sales in Merchants Quay, Salford, M50 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £230,535. 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 £230,329 for 22 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £230,276 per sale.