Merlin Road, Tranmere, Birkenhead, CH42

Street Guide For Merlin Road, Tranmere, Birkenhead, CH42

 

Merlin Road, Tranmere, Birkenhead, CH42 Map

Estimated Price: £135,037
Average Asking Price: £124,040
Price change in last one year: £5,303
Average Price Paid: £105,743
Average Rent Rates: £515

 

Property Prices Breakdown in Merlin Road, Tranmere, Birkenhead, CH42

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.

 
 

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 £99,998, £75,741 for a 2 bedroom house, £110,194 for a 3 bedroom house, £163,242 for a 4 bedroom house and £316,446 for a 5 bedroom house. For a flat similarly the prices varies from £59,388 for a single bedroom to £87,525 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £81,650. To sum up the asking prices for properties in Merlin Road, Tranmere, Birkenhead, CH42 it comes to around average £70,991 for 1 bedroom property, £80,043 for 2 bedroom, £109,429 for 3 bedroom, £163,242 for 4 bedroom and £316,446 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 £347 for 1 bedroom to £429 for 2 bedrooms, £568 for 3 bedrooms, £700 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £425. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £464 and £545 for 3 bedroom. You should be generally be expecting around average £418 rent per month for single bedroom property, £441 for 2 bedroom, £563 for 3 bedroom, £700 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Merlin Road, Tranmere, Birkenhead, CH42 area.

Popular Houses in Merlin Road, Tranmere, Birkenhead, CH42

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 Merlin Road, Tranmere, Birkenhead, CH42