Average Price for property in Merrion Avenue, Bognor Regis, PO22 is around £263,966 which varies based on type of property you are interested in and ranges from £301,871 for detached house to around £259,507 for semi-detached. Values have been changing and have risen £2,846 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,279 in last 6 months, £21,415 in last 1 year, £32,472 in last 2 years, £32,635 in last 3 years, £31,026 in last 4 years and £30,802 in last 5 years.
Currently average asking price of a property in Merrion Avenue, Bognor Regis, PO22 is around £300,178 based on approximately 3 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £987 per month.
Estimated property value in Merrion Avenue, Bognor Regis, PO22 is £263,966. Average asking price is £300,178 while average price paid is £233,833 which is up by £21,415 and Avg. asking rent £987.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 Merrion Avenue, Bognor Regis, PO22 area. In last 1 year alone average price buyer paid is around £233,833 based on approximately 3 sales in Merrion Avenue, Bognor Regis, PO22 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £221,416. 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 £219,375 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £217,000 per sale.