Mercia Drive, Sheffield, S17

Street Guide For Mercia Drive, Sheffield, S17

 

Mercia Drive, Sheffield, S17 Map

Estimated Price: £357,227
Average Asking Price: £398,366
Price change in last one year: £17,501
Average Price Paid: £303,316
Average Rent Rates: £801

 

Property Prices Breakdown in Mercia Drive, Sheffield, S17

Average Price for property in Mercia Drive, Sheffield, S17 is around £357,227 which varies based on type of property you are interested in and ranges from £460,027 for detached house to around £320,513 for semi-detached. Values have been changing and have risen £1,147 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £94 in last 6 months, £17,501 in last 1 year, £25,038 in last 2 years, £29,585 in last 3 years, £25,029 in last 4 years and £26,495 in last 5 years.

Currently average asking price of a property in Mercia Drive, Sheffield, S17 is around £398,366 based on approximately 0 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £801 per month.

Estimated property value in Mercia Drive, Sheffield, S17 is £357,227. Average asking price is £398,366 while average price paid is £262,475 which is up by £29,585 and Avg. asking rent £801.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 Mercia Drive, Sheffield, S17 area. In last 3 years alone average price buyer paid is around £262,475 based on approximately 2 sales in Mercia Drive, Sheffield, S17 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £303,316. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £318,505 for 5 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 2 bedroom is around £309,967, £259,691 for a 3 bedroom house, £403,866 for a 4 bedroom house and £647,075 for a 5 bedroom house. For a flat similarly the prices varies from £119,950 for a single bedroom to £168,750 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £279,950. To sum up the asking prices for properties in Mercia Drive, Sheffield, S17 it comes to around average £119,950 for 1 bedroom property, £207,264 for 2 bedroom, £260,817 for 3 bedroom, £403,866 for 4 bedroom and £647,075 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 £702 for 2 bedroom to £803 for 3 bedroom and £1,352 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £628. You should be generally be expecting around average £641 rent per month for 2 bedroom property, £803 for 3 bedroom and approximately £1,352 for 5 bedroom property in Mercia Drive, Sheffield, S17 area.

Popular Houses in Mercia Drive, Sheffield, S17

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 Mercia Drive, Sheffield, S17