Average Price for property in Merritt Road, Paignton, TQ3 is around £68,360 e.g. average price for a flat is around 68,360. Values have been changing and have risen £149 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,162 in last 6 months, £3,742 in last 1 year, £7,197 in last 2 years, £6,654 in last 3 years, £4,734 in last 4 years and £6,070 in last 5 years.
Currently average asking price of a property in Merritt Road, Paignton, TQ3 is around £211,521 based on approximately 2 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £622 per month.
Estimated property value in Merritt Road, Paignton, TQ3 is £68,360. Average asking price is £211,521 while average price paid is £55,500 which is up by £3,742 and Avg. asking rent £622.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 Merritt Road, Paignton, TQ3 area. In last 1 year alone average price buyer paid is around £55,500 based on approximately 2 sales in Merritt Road, Paignton, TQ3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £57,250. 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 £59,214 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £57,666 per sale.