Merevale Way, Yeovil, BA21

Street Guide For Merevale Way, Yeovil, BA21

 

Merevale Way, Yeovil, BA21 Map

Estimated Price: £196,942
Average Asking Price: £206,591
Price change in last one year: £12,658
Average Price Paid: £191,852
Average Rent Rates: £639

 

Property Prices Breakdown in Merevale Way, Yeovil, BA21

Average Price for property in Merevale Way, Yeovil, BA21 is around £196,942 which varies based on type of property you are interested in and ranges from £232,927 for detached house to around £199,393 for semi-detached. Similarly terraced house is around £201,181 and a flat is worth £137,951. Values have been changing and have risen £321 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,380 in last 6 months, £12,658 in last 1 year, £15,740 in last 2 years, £21,278 in last 3 years, £20,699 in last 4 years and £19,266 in last 5 years.

Currently average asking price of a property in Merevale Way, Yeovil, BA21 is around £206,591 based on approximately 3 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £639 per month.

Estimated property value in Merevale Way, Yeovil, BA21 is £196,942. Average asking price is £206,591 while average price paid is £185,666 which is up by £12,658 and Avg. asking rent £639.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 Merevale Way, Yeovil, BA21 area. In last 1 year alone average price buyer paid is around £185,666 based on approximately 3 sales in Merevale Way, Yeovil, BA21 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £190,700. 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 £191,852 for 24 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £187,756 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 £94,988, £145,394 for a 2 bedroom house, £180,347 for a 3 bedroom house, £286,841 for a 4 bedroom house and £396,429 for a 5 bedroom house. For a flat similarly the prices varies from £81,246 for a single bedroom to £111,454 for a 2 bedroom Flat. To sum up the asking prices for properties in Merevale Way, Yeovil, BA21 it comes to around average £84,300 for 1 bedroom property, £135,133 for 2 bedroom, £180,347 for 3 bedroom, £286,841 for 4 bedroom and £396,429 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 £388 for 1 bedroom to £622 for 2 bedroom, £734 for 3 bedroom and £907 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £400. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £652. You should be generally be expecting around average £398 rent per month for single bedroom property, £643 for 2 bedroom, £734 for 3 bedroom and approximately £907 for 4 bedroom property in Merevale Way, Yeovil, BA21 area.

Popular Houses in Merevale Way, Yeovil, BA21

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 Merevale Way, Yeovil, BA21