Average Price for property in Merlin Drive, Ely, CB6 is around £273,861 which varies based on type of property you are interested in and ranges from £287,688 for detached house to around £263,222 for semi-detached. Similarly terraced house is around £241,252. Values have been changing and have risen £877 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,798 in last 6 months, £20,664 in last 1 year, £32,552 in last 2 years, £37,476 in last 3 years, £42,554 in last 4 years and £43,179 in last 5 years.
Currently average asking price of a property in Merlin Drive, Ely, CB6 is around £276,461 based on approximately 2 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,147 per month.
Estimated property value in Merlin Drive, Ely, CB6 is £273,861. Average asking price is £276,461 while average price paid is £242,825 which is up by £20,664 and Avg. asking rent £1,147.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 Merlin Drive, Ely, CB6 area. In last 1 year alone average price buyer paid is around £242,825 based on approximately 2 sales in Merlin Drive, Ely, CB6 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £218,787. 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 £206,092 for 7 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £204,512 per sale.