Merton Avenue, Swindon, SN2

Street Guide For Merton Avenue, Swindon, SN2

 
 

Merton Avenue, Swindon, SN2 Map

Estimated Price: £190,371
Average Asking Price: £160,519
Price change in last one year: £6,950
Average Price Paid: £150,610
Average Rent Rates: £869

Swindon Homes Direct
29 Commercial Road, Swindon, Wiltshire, SN1 1NS

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Property Prices Breakdown in Merton Avenue, Swindon, SN2

Average Price for property in Merton Avenue, Swindon, SN2 is around £190,371 which varies based on type of property you are interested in and ranges from £266,605 for detached house to around £176,481 for semi-detached. Similarly terraced house is around £176,968. Values have been changing and have risen £186 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £496 in last 6 months, £6,950 in last 1 year, £16,678 in last 2 years, £22,428 in last 3 years, £19,101 in last 4 years and £16,687 in last 5 years.

Currently average asking price of a property in Merton Avenue, Swindon, SN2 is around £160,519 based on approximately 1 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £869 per month.

Estimated property value in Merton Avenue, Swindon, SN2 is £190,371. Average asking price is £160,519 while average price paid is £152,000 which is up by £6,950 and Avg. asking rent £869.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, Swindon, SN2 area. In last 1 year alone average price buyer paid is around £152,000 based on approximately 1 sales in Merton Avenue, Swindon, SN2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £152,999. 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 £150,610 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £143,772 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 £101,249, £133,478 for a 2 bedroom house, £172,585 for a 3 bedroom house and £247,786 for a 4 bedroom house. For a flat similarly the prices varies from £89,649 for a single bedroom to £129,801 for a 2 bedroom Flat. To sum up the asking prices for properties in Merton Avenue, Swindon, SN2 it comes to around average £92,963 for 1 bedroom property, £132,092 for 2 bedroom, £172,585 for 3 bedroom and £247,786 for 4 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 £420 for 1 bedroom to £622 for 2 bedroom and £742 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £540. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £624 and £650 for 3 bedroom. You should be generally be expecting around average £463 rent per month for single bedroom property, £623 for 2 bedroom and approximately £726 for 3 bedroom property in Merton Avenue, Swindon, SN2 area.

Popular Houses in Merton Avenue, Swindon, SN2

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 Merton Avenue, Swindon, SN2