Merton Avenue, London, W4

Street Guide For Merton Avenue, London, W4

 
 

Merton Avenue, London, W4 Map

Estimated Price: £1,132,081
Average Asking Price: £1,170,670
Price change in last one year: £92,010
Average Price Paid: £900,555
Average Rent Rates: £2,573

Karan Fossils
229 High Street, Acton, London, W3 9BY

Free House valuation

 

Property Prices Breakdown in Merton Avenue, London, W4

Average Price for property in Merton Avenue, London, W4 is around £1,132,081 which varies based on type of property you are interested in and ranges from £873,625 for detached house to around £1,125,521 for semi-detached. Similarly terraced house is around £1,311,106 and a flat is worth £435,423. Values have been changing and have risen £5,565 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,664 in last 6 months, £92,010 in last 1 year, £225,711 in last 2 years, £283,159 in last 3 years, £297,855 in last 4 years and £316,750 in last 5 years.

Currently average asking price of a property in Merton Avenue, London, W4 is around £1,170,670 based on approximately 0 properties for sale. Same is the case with rental options based on 1,074 properties up for rent, average asking rent is around £2,573 per month.

Estimated property value in Merton Avenue, London, W4 is £1,132,081. Average asking price is £1,170,670 while average price paid is £1,070,000 which is up by £283,159 and Avg. asking rent £2,573.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 Merton Avenue, London, W4 area. In last 3 years alone average price buyer paid is around £1,070,000 based on approximately 5 sales in Merton Avenue, London, W4 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £900,555. 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 £800,545 for 11 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 £499,950, £829,993 for a 2 bedroom house, £1,348,612 for a 3 bedroom house, £1,432,814 for a 4 bedroom house and £2,372,809 for a 5 bedroom house. For a flat similarly the prices varies from £480,265 for a single bedroom to £620,130 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £778,072, £685,000 for a 4 bedroom flat and £1,099,995 for a 5 bedroom flat. To sum up the asking prices for properties in Merton Avenue, London, W4 it comes to around average £480,797 for 1 bedroom property, £633,732 for 2 bedroom, £1,155,753 for 3 bedroom, £1,390,485 for 4 bedroom and £2,297,938 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 £1,359 for 1 bedroom to £2,261 for 2 bedrooms, £3,118 for 3 bedrooms, £4,432 for 4 bedrooms and £6,765 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,630. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,136, £2,405 for 3 bedroom and £3,234 for 4 bedroom. You should be generally be expecting around average £1,622 rent per month for single bedroom property, £2,143 for 2 bedroom, £2,600 for 3 bedroom, £4,347 for 4 bedroom and approximately £6,765 for a 5 bedroom property in Merton Avenue, London, W4 area.

Popular Houses in Merton Avenue, London, W4

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.

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