Merrivale Road, Ross-on-Wye, HR9

Street Guide For Merrivale Road, Ross-on-Wye, HR9

 

Merrivale Road, Ross-on-Wye, HR9 Map

Estimated Price: £301,102
Average Asking Price: £306,775
Price change in last one year: £21,456
Average Price Paid: £232,000
Average Rent Rates: £842

 

Property Prices Breakdown in Merrivale Road, Ross-on-Wye, HR9

Average Price for property in Merrivale Road, Ross-on-Wye, HR9 is around £301,102 which varies based on type of property you are interested in and ranges from £427,336 for detached house to around £265,036 for semi-detached. Values have been changing and have risen £1,731 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,603 in last 6 months, £21,456 in last 1 year, £24,073 in last 2 years, £26,109 in last 3 years, £30,438 in last 4 years and £23,094 in last 5 years.

Currently average asking price of a property in Merrivale Road, Ross-on-Wye, HR9 is around £306,775 based on approximately 2 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £842 per month.

Estimated property value in Merrivale Road, Ross-on-Wye, HR9 is £301,102. Average asking price is £306,775 while average price paid is £286,500 which is up by £21,456 and Avg. asking rent £842.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, Ross-on-Wye, HR9 area. In last 1 year alone average price buyer paid is around £286,500 based on approximately 2 sales in Merrivale Road, Ross-on-Wye, HR9 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £232,500. 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 £232,000 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £235,714 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 £84,135, £168,374 for a 2 bedroom house, £276,914 for a 3 bedroom house, £402,726 for a 4 bedroom house and £525,326 for a 5 bedroom house. For a flat similarly the prices varies from £87,225 for a single bedroom to £174,550 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £139,995. To sum up the asking prices for properties in Merrivale Road, Ross-on-Wye, HR9 it comes to around average £86,121 for 1 bedroom property, £170,184 for 2 bedroom, £275,245 for 3 bedroom, £402,726 for 4 bedroom and £525,326 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 £497 for 1 bedroom to £631 for 2 bedrooms, £819 for 3 bedrooms, £1,310 for 4 bedrooms and £1,300 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £429. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £542 and £498 for 3 bedroom. You should be generally be expecting around average £446 rent per month for single bedroom property, £587 for 2 bedroom, £773 for 3 bedroom, £1,310 for 4 bedroom and approximately £1,300 for a 5 bedroom property in Merrivale Road, Ross-on-Wye, HR9 area.

Popular Houses in Merrivale Road, Ross-on-Wye, HR9

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, Ross-on-Wye, HR9