Average Price for property in Merrifield Road, Lowestoft, NR33 is around £166,332 which varies based on type of property you are interested in and ranges from £191,004 for detached house to around £164,671 for semi-detached. Similarly terraced house is around £161,857. Values have been changing and have risen £1,209 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,110 in last 6 months, £12,469 in last 1 year, £17,195 in last 2 years, £21,292 in last 3 years, £19,897 in last 4 years and £19,751 in last 5 years.
Currently average asking price of a property in Merrifield Road, Lowestoft, NR33 is around £175,504 based on approximately 3 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £527 per month.
Estimated property value in Merrifield Road, Lowestoft, NR33 is £166,332. Average asking price is £175,504 while average price paid is £128,331 which is up by £12,469 and Avg. asking rent £527.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 Merrifield Road, Lowestoft, NR33 area. In last 1 year alone average price buyer paid is around £128,331 based on approximately 3 sales in Merrifield Road, Lowestoft, NR33 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £124,422. 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 £128,537 for 15 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £129,614 per sale.