Merryweather Way, Basingstoke, RG24

Street Guide For Merryweather Way, Basingstoke, RG24

 

Merryweather Way, Basingstoke, RG24 Map

Estimated Price: £239,208
Average Asking Price: £273,182
Price change in last one year: £17,363
Average Price Paid: £203,487
Average Rent Rates: £1,369

 

Property Prices Breakdown in Merryweather Way, Basingstoke, RG24

Average Price for property in Merryweather Way, Basingstoke, RG24 is around £239,208 which varies based on type of property you are interested in and ranges from £243,034 for detached house to around £282,256 for semi-detached. Similarly terraced house is around £227,120. Values have been changing and have risen £481 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,785 in last 6 months, £17,363 in last 1 year, £29,069 in last 2 years, £33,790 in last 3 years, £33,884 in last 4 years and £33,172 in last 5 years.

Currently average asking price of a property in Merryweather Way, Basingstoke, RG24 is around £273,182 based on approximately 2 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £1,369 per month.

Estimated property value in Merryweather Way, Basingstoke, RG24 is £239,208. Average asking price is £273,182 while average price paid is £229,975 which is up by £17,363 and Avg. asking rent £1,369.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 Merryweather Way, Basingstoke, RG24 area. In last 1 year alone average price buyer paid is around £229,975 based on approximately 2 sales in Merryweather Way, Basingstoke, RG24 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £212,150. 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 £203,487 for 4 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £172,387 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 £148,750, £203,065 for a 2 bedroom house, £281,133 for a 3 bedroom house, £379,981 for a 4 bedroom house and £702,990 for a 5 bedroom house. For a flat similarly the prices varies from £127,913 for a single bedroom to £183,632 for a 2 bedroom Flat. To sum up the asking prices for properties in Merryweather Way, Basingstoke, RG24 it comes to around average £131,247 for 1 bedroom property, £191,498 for 2 bedroom, £281,133 for 3 bedroom, £379,981 for 4 bedroom and £702,990 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 £559 for 1 bedroom to £843 for 2 bedrooms, £1,091 for 3 bedrooms, £1,311 for 4 bedrooms and £1,400 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £611. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £857. You should be generally be expecting around average £580 rent per month for single bedroom property, £850 for 2 bedroom, £1,091 for 3 bedroom, £1,311 for 4 bedroom and approximately £1,400 for a 5 bedroom property in Merryweather Way, Basingstoke, RG24 area.

Popular Houses in Merryweather Way, Basingstoke, RG24

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 Merryweather Way, Basingstoke, RG24