Meres Lane, Five Ashes, Mayfield, TN20

Street Guide For Meres Lane, Five Ashes, Mayfield, TN20

 

Meres Lane, Five Ashes, Mayfield, TN20 Map

Estimated Price: £855,150
Average Asking Price: £849,636
Price change in last one year: £85,280
Average Price Paid: £742,999
Average Rent Rates: £1,506

 

Property Prices Breakdown in Meres Lane, Five Ashes, Mayfield, TN20

Average Price for property in Meres Lane, Five Ashes, Mayfield, TN20 is around £855,150 which varies based on type of property you are interested in and ranges from £892,099 for detached house to around £707,351 for semi-detached. Values have been changing and have risen £4,678 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,818 in last 6 months, £85,280 in last 1 year, £117,344 in last 2 years, £137,359 in last 3 years, £122,385 in last 4 years and £127,752 in last 5 years.

Currently average asking price of a property in Meres Lane, Five Ashes, Mayfield, TN20 is around £849,636 based on approximately 1 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,506 per month.

Estimated property value in Meres Lane, Five Ashes, Mayfield, TN20 is £855,150. Average asking price is £849,636 while average price paid is £1,125,000 which is up by £85,280 and Avg. asking rent £1,506.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 Meres Lane, Five Ashes, Mayfield, TN20 area. In last 1 year alone average price buyer paid is around £1,125,000 based on approximately 1 sales in Meres Lane, Five Ashes, Mayfield, TN20 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £1,125,000. 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 £742,999 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £742,999 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 £165,000, £285,000 for a 2 bedroom house, £545,825 for a 3 bedroom house, £764,905 for a 4 bedroom house and £961,250 for a 5 bedroom house. For a flat the prices of 2 bedroom is £424,875. To sum up the asking prices for properties in Meres Lane, Five Ashes, Mayfield, TN20 it comes to around average £165,000 for 1 bedroom property, £396,900 for 2 bedroom, £545,825 for 3 bedroom, £764,905 for 4 bedroom and £961,250 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 1 bedroom to £1,495 for 3 bedroom and £1,847 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £1,950. You should be generally be expecting around average £702 rent per month for single bedroom property, £1,950 for 2 bedroom, £1,495 for 3 bedroom and approximately £1,847 for 4 bedroom property in Meres Lane, Five Ashes, Mayfield, TN20 area.

Popular Houses in Meres Lane, Five Ashes, Mayfield, TN20

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 Meres Lane, Five Ashes, Mayfield, TN20