Values have been changing and have risen £355 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,075 in last 6 months, £5,303 in last 1 year, £9,835 in last 2 years, £11,271 in last 3 years, £8,627 in last 4 years and £7,921 in last 5 years.
Currently average asking price of a property in Merlin Road, Tranmere, Birkenhead, CH42 is around £124,040 based on approximately 5 properties for sale. Same is the case with rental options based on 135 properties up for rent, average asking rent is around £515 per month.
Estimated property value in Merlin Road, Tranmere, Birkenhead, CH42 is £135,037. Average asking price is £124,040 while average price paid is £110,400 which is up by £5,303 and Avg. asking rent £515.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, Tranmere, Birkenhead, CH42 area. In last 1 year alone average price buyer paid is around £110,400 based on approximately 5 sales in Merlin Road, Tranmere, Birkenhead, CH42 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £103,142. 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 £105,743 for 8 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £160,873 per sale.