Merryfield Lane, Ilton, Ilminster, TA19

Street Guide For Merryfield Lane, Ilton, Ilminster, TA19

 

Merryfield Lane, Ilton, Ilminster, TA19 Map

Estimated Price: £306,581
Average Asking Price: £290,160
Price change in last one year: £22,742
Average Price Paid: £226,375
Average Rent Rates: £908

 

Property Prices Breakdown in Merryfield Lane, Ilton, Ilminster, TA19

Average Price for property in Merryfield Lane, Ilton, Ilminster, TA19 is around £306,581 which varies based on type of property you are interested in and ranges from £382,217 for detached house to around £321,737 for semi-detached. Similarly terraced house is around £223,370. Values have been changing and have risen £1,780 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,601 in last 6 months, £22,742 in last 1 year, £22,785 in last 2 years, £29,770 in last 3 years, £33,385 in last 4 years and £36,352 in last 5 years.

Currently average asking price of a property in Merryfield Lane, Ilton, Ilminster, TA19 is around £290,160 based on approximately 0 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £908 per month.

Estimated property value in Merryfield Lane, Ilton, Ilminster, TA19 is £306,581. Average asking price is £290,160 while average price paid is £225,000 which is up by £29,770 and Avg. asking rent £908.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 Merryfield Lane, Ilton, Ilminster, TA19 area. In last 3 years alone average price buyer paid is around £225,000 based on approximately 1 sales in Merryfield Lane, Ilton, Ilminster, TA19 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £226,375. 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 £226,375 for 4 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 £142,633, £183,101 for a 2 bedroom house, £243,004 for a 3 bedroom house, £368,810 for a 4 bedroom house and £512,045 for a 5 bedroom house. For a flat the prices of 2 bedroom is £187,500. To sum up the asking prices for properties in Merryfield Lane, Ilton, Ilminster, TA19 it comes to around average £142,633 for 1 bedroom property, £183,385 for 2 bedroom, £243,004 for 3 bedroom, £368,810 for 4 bedroom and £512,045 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 £459 for 1 bedroom to £813 for 3 bedroom, £1,286 for 4 bedroom and £899 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £567. You should be generally be expecting around average £457 rent per month for single bedroom property, £566 for 2 bedroom, £812 for 3 bedroom, £1,286 for 4 bedroom and approximately £899 for a 5 bedroom property in Merryfield Lane, Ilton, Ilminster, TA19 area.

Popular Houses in Merryfield Lane, Ilton, Ilminster, TA19

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 Merryfield Lane, Ilton, Ilminster, TA19