Merrivale Road, Honicknowle, Plymouth, PL5

Street Guide For Merrivale Road, Honicknowle, Plymouth, PL5

 

Merrivale Road, Honicknowle, Plymouth, PL5 Map

Estimated Price: £180,277
Average Asking Price: £154,413
Price change in last one year: £12,894
Average Price Paid: £153,500
Average Rent Rates: £618

 

Property Prices Breakdown in Merrivale Road, Honicknowle, Plymouth, PL5

Average Price for property in Merrivale Road, Honicknowle, Plymouth, PL5 is around £180,277 which varies based on type of property you are interested in and ranges from £198,198 for semi-detached to around £144,434 for terraced house. Values have been changing and have risen £1,729 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,075 in last 6 months, £12,894 in last 1 year, £17,199 in last 2 years, £20,856 in last 3 years, £18,200 in last 4 years and £17,192 in last 5 years.

Currently average asking price of a property in Merrivale Road, Honicknowle, Plymouth, PL5 is around £154,413 based on approximately 0 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £618 per month.

Estimated property value in Merrivale Road, Honicknowle, Plymouth, PL5 is £180,277. Average asking price is £154,413 while average price paid is £153,500 which is up by £20,856 and Avg. asking rent £618.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 Road, Honicknowle, Plymouth, PL5 area. In last 3 years alone average price buyer paid is around £153,500 based on approximately 1 sales in Merrivale Road, Honicknowle, Plymouth, PL5 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £153,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £153,500 for 1 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 1 bedroom is around £103,283, £126,886 for a 2 bedroom house, £155,895 for a 3 bedroom house, £287,895 for a 4 bedroom house and £368,725 for a 5 bedroom house. For a flat similarly the prices varies from £75,831 for a single bedroom to £77,493 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £91,925. To sum up the asking prices for properties in Merrivale Road, Honicknowle, Plymouth, PL5 it comes to around average £80,166 for 1 bedroom property, £114,754 for 2 bedroom, £153,114 for 3 bedroom, £287,895 for 4 bedroom and £368,725 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 £524 for 1 bedroom to £603 for 2 bedroom, £682 for 3 bedroom and £1,045 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £472. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £563 and £582 for 3 bedroom. You should be generally be expecting around average £490 rent per month for single bedroom property, £591 for 2 bedroom, £652 for 3 bedroom and approximately £1,045 for 4 bedroom property in Merrivale Road, Honicknowle, Plymouth, PL5 area.

Popular Houses in Merrivale Road, Honicknowle, Plymouth, PL5

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 Road, Honicknowle, Plymouth, PL5