Mere Close, London, SW15

Street Guide For Mere Close, London, SW15

 
 

Mere Close, London, SW15 Map

Estimated Price: £496,615
Average Asking Price: £1,050,881
Price change in last one year: £52,147
Average Price Paid: £329,333
Average Rent Rates: £2,354

Karan Fossils
229 High Street, Acton, London, W3 9BY

Free House valuation

 

Property Prices Breakdown in Mere Close, London, SW15

Average Price for property in Mere Close, London, SW15 is around £496,615 which varies based on type of property you are interested in and ranges from £554,192 for detached house to around £451,361 for semi-detached. Similarly terraced house is around £609,002 and a flat is worth £445,910. Values have been changing and have risen £578 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,346 in last 6 months, £52,147 in last 1 year, £88,738 in last 2 years, £127,745 in last 3 years, £140,820 in last 4 years and £143,668 in last 5 years.

Currently average asking price of a property in Mere Close, London, SW15 is around £1,050,881 based on approximately 1 properties for sale. Same is the case with rental options based on 444 properties up for rent, average asking rent is around £2,354 per month.

Estimated property value in Mere Close, London, SW15 is £496,615. Average asking price is £1,050,881 while average price paid is £498,000 which is up by £52,147 and Avg. asking rent £2,354.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 Mere Close, London, SW15 area. In last 1 year alone average price buyer paid is around £498,000 based on approximately 1 sales in Mere Close, London, SW15 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £369,000. 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 £329,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £329,333 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 £299,950, £858,130 for a 2 bedroom house, £794,588 for a 3 bedroom house, £1,110,939 for a 4 bedroom house and £2,257,258 for a 5 bedroom house. For a flat similarly the prices varies from £402,557 for a single bedroom to £607,122 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £792,835 and £1,024,583 for a 4 bedroom flat. To sum up the asking prices for properties in Mere Close, London, SW15 it comes to around average £400,692 for 1 bedroom property, £638,859 for 2 bedroom, £793,636 for 3 bedroom, £1,089,791 for 4 bedroom and £2,257,258 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 £1,437 for 1 bedroom to £2,175 for 2 bedrooms, £2,594 for 3 bedrooms, £3,825 for 4 bedrooms and £4,549 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,395. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,893, £3,128 for 3 bedroom, £2,700 for 4 bedroom and around £585 for 5 bedroom flat. You should be generally be expecting around average £1,399 rent per month for single bedroom property, £1,908 for 2 bedroom, £2,953 for 3 bedroom, £3,572 for 4 bedroom and approximately £4,407 for a 5 bedroom property in Mere Close, London, SW15 area.

Popular Houses in Mere Close, London, SW15

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.

Transportation in Mere Close, London, SW15

Areas in and around Mere Close, London, SW15