Values have been changing and have risen £360 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,059 in last 6 months, £6,580 in last 1 year, £11,188 in last 2 years, £9,170 in last 3 years, £9,664 in last 4 years and £10,051 in last 5 years.
Currently average asking price of a property in Merrivale Road, Stafford, ST17 is around £253,166 based on approximately 2 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £575 per month.
Estimated property value in Merrivale Road, Stafford, ST17 is £109,231. Average asking price is £253,166 while average price paid is £112,500 which is up by £6,580 and Avg. asking rent £575.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, Stafford, ST17 area. In last 1 year alone average price buyer paid is around £112,500 based on approximately 2 sales in Merrivale Road, Stafford, ST17 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £92,825. 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 £92,315 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £93,343 per sale.