Merriott

Area Guide For Merriott

Merriott is a town and common area in Somerset, England, close to the town of Crewkerne and 7 miles (11.3 km) west of Yeovil in the South Somerset region. The town has a populace of 1,979. On Church Street, there is a decently protected tithe barn, which is utilized by nearby associations including the playgroup, badminton club and a Morris moving side (Dr Turberville's Morris). The town is home to Merriott Rovers F.C. who play in the Perry Street and District League, spreading over Somerset, Dorset and Devon. Likewise arranged in Merriott is a Co-operation and broadly functional sustenance store. It has two pubs: the seventeenth century King's Head and the nineteenth century Swan.

 
 

Merriott Map

Estimated Price: £236,488
Average Asking Price: £269,490
Price change in last one year: £17,185
Average Price Paid: £221,862
Average Rent Rates: £524

 
 

Property Prices Breakdown in Merriott

Average Price for property in Merriott is around £236,488 which varies based on type of property you are interested in and ranges from £337,893 for detached house to around £207,719 for semi-detached. Similarly terraced house is around £185,534 and a flat is worth £102,936. Values have been changing and have risen £1,396 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,386 in last 6 months, £17,185 in last 1 year, £20,540 in last 2 years, £22,826 in last 3 years, £22,686 in last 4 years and £24,246 in last 5 years.

Currently average asking price of a property in Merriott is around £269,490 based on approximately 22 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £524 per month.

Estimated property value in Merriott is £236,488. Average asking price is £269,490 while average price paid is £220,606 which is up by £17,185 and Avg. asking rent £524.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 Merriott area. In last 1 year alone average price buyer paid is around £220,606 based on approximately 22 sales in Merriott area alone. If you compare it to last 3 years sales of 65 properties where buyers paid around £226,400. 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 £221,862 for 117 and average amount paid for purchase of approx. 151 properties sold in last 7 years comes to about £224,875 per sale.

 
 

Properties For Sale in Merriott

 
 

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 2 bedroom is around £190,000, £205,817 for a 3 bedroom house, £337,500 for a 4 bedroom house and £650,000 for a 5 bedroom house. To sum up the asking prices for properties in Merriott it comes to around average £190,000 for 2 bedroom property, £205,817 for 3 bedroom, £337,500 for 4 bedroom and £650,000 for 5 bedroom.

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 is £524 for 2 bedroom. You should be generally be expecting around average £524 rent per month for 2 bedroom property in Merriott area.

Popular Houses in Merriott

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.

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