Merlewood, Ramsbottom, Bury, BL0

Street Guide For Merlewood, Ramsbottom, Bury, BL0

 
 

Merlewood, Ramsbottom, Bury, BL0 Map

Estimated Price: £160,360
Average Asking Price: £232,238
Price change in last one year: £8,225
Average Price Paid: £133,100
Average Rent Rates: £584

BBP Estates
65 Canning Street, BURY , Greater Manchester BL9 5

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Property Prices Breakdown in Merlewood, Ramsbottom, Bury, BL0

Average Price for property in Merlewood, Ramsbottom, Bury, BL0 is around £160,360 which varies based on type of property you are interested in and ranges from £168,529 for semi-detached to around £133,128 for terraced house. Values have been changing and have risen £193 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £820 in last 6 months, £8,225 in last 1 year, £11,279 in last 2 years, £13,219 in last 3 years, £10,884 in last 4 years and £11,401 in last 5 years.

Currently average asking price of a property in Merlewood, Ramsbottom, Bury, BL0 is around £232,238 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £584 per month.

Estimated property value in Merlewood, Ramsbottom, Bury, BL0 is £160,360. Average asking price is £232,238 while average price paid is £167,000 which is up by £8,225 and Avg. asking rent £584.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 Merlewood, Ramsbottom, Bury, BL0 area. In last 1 year alone average price buyer paid is around £167,000 based on approximately 1 sales in Merlewood, Ramsbottom, Bury, BL0 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £133,500. 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 £133,100 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £132,083 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 £74,975, £145,901 for a 2 bedroom house, £195,627 for a 3 bedroom house, £359,266 for a 4 bedroom house and £392,121 for a 5 bedroom house. For a flat similarly the prices varies from £105,899 for a single bedroom to £147,817 for a 2 bedroom Flat. To sum up the asking prices for properties in Merlewood, Ramsbottom, Bury, BL0 it comes to around average £98,168 for 1 bedroom property, £146,140 for 2 bedroom, £195,627 for 3 bedroom, £359,266 for 4 bedroom and £392,121 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 £464 for 1 bedroom to £562 for 2 bedroom, £675 for 3 bedroom and £1,200 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £412. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £531. You should be generally be expecting around average £429 rent per month for single bedroom property, £546 for 2 bedroom, £675 for 3 bedroom and approximately £1,200 for 5 bedroom property in Merlewood, Ramsbottom, Bury, BL0 area.

Popular Houses in Merlewood, Ramsbottom, Bury, BL0

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 Merlewood, Ramsbottom, Bury, BL0