Merelade Grove, Werrington, Peterborough, PE4

Street Guide For Merelade Grove, Werrington, Peterborough, PE4

 
 

Merelade Grove, Werrington, Peterborough, PE4 Map

Estimated Price: £158,609
Average Asking Price: £170,778
Price change in last one year: £6,969
Average Price Paid: £135,000
Average Rent Rates: £814

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Property Prices Breakdown in Merelade Grove, Werrington, Peterborough, PE4

Average Price for property in Merelade Grove, Werrington, Peterborough, PE4 is around £158,609 which varies based on type of property you are interested in and ranges from £159,578 for detached house to around £150,370 for semi-detached. Values have been changing and have risen £10 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £325 in last 6 months, £6,969 in last 1 year, £14,689 in last 2 years, £18,380 in last 3 years, £16,257 in last 4 years and £13,561 in last 5 years.

Currently average asking price of a property in Merelade Grove, Werrington, Peterborough, PE4 is around £170,778 based on approximately 0 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £814 per month.

Estimated property value in Merelade Grove, Werrington, Peterborough, PE4 is £158,609. Average asking price is £170,778 while average price paid is £135,000 which is up by £18,380 and Avg. asking rent £814.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 Merelade Grove, Werrington, Peterborough, PE4 area. In last 3 years alone average price buyer paid is around £135,000 based on approximately 1 sales in Merelade Grove, Werrington, Peterborough, PE4 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £135,000. 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 £126,937 for 2 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 £86,570, £121,721 for a 2 bedroom house, £161,745 for a 3 bedroom house, £248,910 for a 4 bedroom house and £439,000 for a 5 bedroom house. For a flat similarly the prices varies from £71,102 for a single bedroom to £101,443 for a 2 bedroom Flat. To sum up the asking prices for properties in Merelade Grove, Werrington, Peterborough, PE4 it comes to around average £76,258 for 1 bedroom property, £118,071 for 2 bedroom, £161,745 for 3 bedroom, £248,910 for 4 bedroom and £439,000 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 £460 for 1 bedroom to £574 for 2 bedrooms, £737 for 3 bedrooms, £924 for 4 bedrooms and £2,349 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £463. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524. You should be generally be expecting around average £461 rent per month for single bedroom property, £566 for 2 bedroom, £737 for 3 bedroom, £924 for 4 bedroom and approximately £2,349 for a 5 bedroom property in Merelade Grove, Werrington, Peterborough, PE4 area.

Popular Houses in Merelade Grove, Werrington, Peterborough, PE4

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 Merelade Grove, Werrington, Peterborough, PE4