Merlin Way, Sheffield, S5

Street Guide For Merlin Way, Sheffield, S5

 

Merlin Way, Sheffield, S5 Map

Estimated Price: £80,943
Average Asking Price: £100,919
Price change in last one year: £3,640
Average Price Paid: £87,166
Average Rent Rates: £472

 

Property Prices Breakdown in Merlin Way, Sheffield, S5

Average Price for property in Merlin Way, Sheffield, S5 is around £80,943 which varies based on type of property you are interested in and ranges from £96,747 for semi-detached to around £73,041 for terraced house. Values have been changing and have risen £270 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £95 in last 6 months, £3,640 in last 1 year, £5,235 in last 2 years, £7,253 in last 3 years, £4,584 in last 4 years and £4,940 in last 5 years.

Currently average asking price of a property in Merlin Way, Sheffield, S5 is around £100,919 based on approximately 1 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £472 per month.

Estimated property value in Merlin Way, Sheffield, S5 is £80,943. Average asking price is £100,919 while average price paid is £90,000 which is up by £3,640 and Avg. asking rent £472.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 Way, Sheffield, S5 area. In last 1 year alone average price buyer paid is around £90,000 based on approximately 1 sales in Merlin Way, Sheffield, S5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £87,000. 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 £87,166 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £87,875 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 £66,950, £81,653 for a 2 bedroom house, £104,817 for a 3 bedroom house, £179,904 for a 4 bedroom house and £236,667 for a 5 bedroom house. For a flat similarly the prices varies from £63,237 for a single bedroom to £78,221 for a 2 bedroom Flat. To sum up the asking prices for properties in Merlin Way, Sheffield, S5 it comes to around average £63,856 for 1 bedroom property, £80,700 for 2 bedroom, £104,817 for 3 bedroom, £179,904 for 4 bedroom and £236,667 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 £473 for 2 bedroom to £498 for 3 bedroom and £661 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £363. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £391 and £390 for 3 bedroom. You should be generally be expecting around average £363 rent per month for single bedroom property, £463 for 2 bedroom, £493 for 3 bedroom and approximately £661 for 4 bedroom property in Merlin Way, Sheffield, S5 area.

Popular Houses in Merlin Way, Sheffield, S5

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 Way, Sheffield, S5