Values have been changing and have risen £142 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,715 in last 6 months, £4,249 in last 1 year, £9,579 in last 2 years, £9,424 in last 3 years, £5,923 in last 4 years and £4,623 in last 5 years.
Currently average asking price of a property in Merryfield Road, Dudley, DY1 is around £132,370 based on approximately 1 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £662 per month.
Estimated property value in Merryfield Road, Dudley, DY1 is £112,565. Average asking price is £132,370 while average price paid is £125,000 which is up by £4,249 and Avg. asking rent £662.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 Road, Dudley, DY1 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 1 sales in Merryfield Road, Dudley, DY1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £96,811. 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 £93,718 for 16 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £92,666 per sale.