Merlin Road, London, E12

Street Guide For Merlin Road, London, E12

 

Merlin Road, London, E12 Map

Estimated Price: £534,681
Average Asking Price: £316,325
Price change in last one year: £57,561
Average Price Paid: £482,100
Average Rent Rates: £1,474

 

Property Prices Breakdown in Merlin Road, London, E12

Average Price for property in Merlin Road, London, E12 is around £534,681 which varies based on type of property you are interested in and ranges from £529,158 for detached house to around £554,986 for semi-detached. Similarly terraced house is around £564,669 and a flat is worth £242,103. Values have been changing and have risen £4,205 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,009 in last 6 months, £57,561 in last 1 year, £94,949 in last 2 years, £117,724 in last 3 years, £115,266 in last 4 years and £126,156 in last 5 years.

Currently average asking price of a property in Merlin Road, London, E12 is around £316,325 based on approximately 1 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £1,474 per month.

Estimated property value in Merlin Road, London, E12 is £534,681. Average asking price is £316,325 while average price paid is £545,000 which is up by £57,561 and Avg. asking rent £1,474.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 Road, London, E12 area. In last 1 year alone average price buyer paid is around £545,000 based on approximately 1 sales in Merlin Road, London, E12 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £498,500. 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 £482,100 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £482,100 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 £350,000, £332,827 for a 3 bedroom house, £389,000 for a 4 bedroom house and £1,150,000 for a 5 bedroom house. For a flat similarly the prices varies from £192,499 for a single bedroom to £218,125 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £223,325. To sum up the asking prices for properties in Merlin Road, London, E12 it comes to around average £209,999 for 1 bedroom property, £218,125 for 2 bedroom, £304,869 for 3 bedroom, £389,000 for 4 bedroom and £1,150,000 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 £470 for 1 bedroom to £1,336 for 2 bedrooms, £1,522 for 3 bedrooms, £1,587 for 4 bedrooms and £4,156 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £838. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,185 and £1,388 for 3 bedroom. You should be generally be expecting around average £792 rent per month for single bedroom property, £1,212 for 2 bedroom, £1,488 for 3 bedroom, £1,587 for 4 bedroom and approximately £4,156 for a 5 bedroom property in Merlin Road, London, E12 area.

Popular Houses in Merlin Road, London, E12

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.

Transportation in Merlin Road, London, E12

Areas in and around Merlin Road, London, E12