Merrivale Mews, Milton Keynes, MK9

Street Guide For Merrivale Mews, Milton Keynes, MK9

 

Merrivale Mews, Milton Keynes, MK9 Map

Estimated Price: £203,186
Average Asking Price: £167,931
Price change in last one year: £14,717
Average Price Paid: £178,937
Average Rent Rates: £2,893

 

Property Prices Breakdown in Merrivale Mews, Milton Keynes, MK9

Average Price for property in Merrivale Mews, Milton Keynes, MK9 is around £203,186 which varies based on type of property you are interested in and ranges from £182,635 for detached house to around £232,879 for semi-detached. Similarly flat is around £203,056. Values have been changing and have risen £293 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,287 in last 6 months, £14,717 in last 1 year, £21,904 in last 2 years, £25,186 in last 3 years, £26,704 in last 4 years and £26,497 in last 5 years.

Currently average asking price of a property in Merrivale Mews, Milton Keynes, MK9 is around £167,931 based on approximately 19 properties for sale. Same is the case with rental options based on 93 properties up for rent, average asking rent is around £2,893 per month.

Estimated property value in Merrivale Mews, Milton Keynes, MK9 is £203,186. Average asking price is £167,931 while average price paid is £190,552 which is up by £14,717 and Avg. asking rent £2,893.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 Merrivale Mews, Milton Keynes, MK9 area. In last 1 year alone average price buyer paid is around £190,552 based on approximately 19 sales in Merrivale Mews, Milton Keynes, MK9 area alone. If you compare it to last 3 years sales of 65 properties where buyers paid around £178,497. 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 £178,937 for 132 and average amount paid for purchase of approx. 316 properties sold in last 7 years comes to about £163,502 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 2 bedroom is around £200,000, £255,714 for a 3 bedroom house, £250,000 for a 4 bedroom house and £245,000 for a 5 bedroom house. For a flat similarly the prices varies from £152,285 for a single bedroom to £159,653 for a 2 bedroom Flat. To sum up the asking prices for properties in Merrivale Mews, Milton Keynes, MK9 it comes to around average £152,285 for 1 bedroom property, £161,267 for 2 bedroom, £255,714 for 3 bedroom, £250,000 for 4 bedroom and £245,000 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 £1,172 for 3 bedroom to £1,499 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,118. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,275 and £2,297 for 3 bedroom. You should be generally be expecting around average £1,118 rent per month for single bedroom property, £1,275 for 2 bedroom, £1,547 for 3 bedroom and approximately £1,499 for 4 bedroom property in Merrivale Mews, Milton Keynes, MK9 area.

Popular Houses in Merrivale Mews, Milton Keynes, MK9

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 Merrivale Mews, Milton Keynes, MK9