Merryfields, Welland, Malvern, WR13

Street Guide For Merryfields, Welland, Malvern, WR13

 

Merryfields, Welland, Malvern, WR13 Map

Estimated Price: £400,415
Average Asking Price: £471,287
Price change in last one year: £22,573
Average Price Paid: £372,500
Average Rent Rates: £748

 

Property Prices Breakdown in Merryfields, Welland, Malvern, WR13

Average Price for property in Merryfields, Welland, Malvern, WR13 is around £400,415 e.g. average price for detached house is around 400,415. Values have been changing and have risen £1,816 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,278 in last 6 months, £22,573 in last 1 year, £38,406 in last 2 years, £43,737 in last 3 years, £44,660 in last 4 years and £38,661 in last 5 years.

Currently average asking price of a property in Merryfields, Welland, Malvern, WR13 is around £471,287 based on approximately 1 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £748 per month.

Estimated property value in Merryfields, Welland, Malvern, WR13 is £400,415. Average asking price is £471,287 while average price paid is £365,000 which is up by £22,573 and Avg. asking rent £748.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 Merryfields, Welland, Malvern, WR13 area. In last 1 year alone average price buyer paid is around £365,000 based on approximately 1 sales in Merryfields, Welland, Malvern, WR13 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £365,000. 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 £372,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £357,333 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 2 bedroom is around £227,368, £421,707 for a 3 bedroom house, £440,668 for a 4 bedroom house and £576,500 for a 5 bedroom house. For a flat the prices of 2 bedroom is £217,225. To sum up the asking prices for properties in Merryfields, Welland, Malvern, WR13 it comes to around average £225,340 for 2 bedroom property, £421,707 for 3 bedroom, £440,668 for 4 bedroom and £576,500 for 5 bedroom.

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 £679 for 2 bedroom to £816 for 3 bedroom and £750 for 4 bedroom. You should be generally be expecting around average £679 rent per month for 2 bedroom property, £816 for 3 bedroom and approximately £750 for 4 bedroom property in Merryfields, Welland, Malvern, WR13 area.

Popular Houses in Merryfields, Welland, Malvern, WR13

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 Merryfields, Welland, Malvern, WR13