Merton Drive, Weston-super-Mare, BS24

Street Guide For Merton Drive, Weston-super-Mare, BS24

 

Merton Drive, Weston-super-Mare, BS24 Map

Estimated Price: £208,683
Average Asking Price: £252,319
Price change in last one year: £14,961
Average Price Paid: £167,954
Average Rent Rates: £769

 

Property Prices Breakdown in Merton Drive, Weston-super-Mare, BS24

Average Price for property in Merton Drive, Weston-super-Mare, BS24 is around £208,683 which varies based on type of property you are interested in and ranges from £256,098 for detached house to around £211,416 for semi-detached. Similarly terraced house is around £180,280 and a flat is worth £131,246. Values have been changing and have risen £729 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,003 in last 6 months, £14,961 in last 1 year, £24,123 in last 2 years, £25,985 in last 3 years, £27,656 in last 4 years and £24,894 in last 5 years.

Currently average asking price of a property in Merton Drive, Weston-super-Mare, BS24 is around £252,319 based on approximately 2 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £769 per month.

Estimated property value in Merton Drive, Weston-super-Mare, BS24 is £208,683. Average asking price is £252,319 while average price paid is £208,500 which is up by £14,961 and Avg. asking rent £769.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 Drive, Weston-super-Mare, BS24 area. In last 1 year alone average price buyer paid is around £208,500 based on approximately 2 sales in Merton Drive, Weston-super-Mare, BS24 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £181,125. 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 £167,954 for 12 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £172,802 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 £167,684, £199,371 for a 3 bedroom house, £299,447 for a 4 bedroom house and £443,586 for a 5 bedroom house. For a flat similarly the prices varies from £115,950 for a single bedroom to £116,528 for a 2 bedroom Flat. To sum up the asking prices for properties in Merton Drive, Weston-super-Mare, BS24 it comes to around average £115,950 for 1 bedroom property, £157,675 for 2 bedroom, £199,371 for 3 bedroom, £299,447 for 4 bedroom and £443,586 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 £655 for 2 bedroom to £882 for 3 bedroom, £750 for 4 bedroom and £1,499 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £581. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £594. You should be generally be expecting around average £647 rent per month for 2 bedroom property, £841 for 3 bedroom, £750 for 4 bedroom and approximately £1,499 for 5 bedroom property in Merton Drive, Weston-super-Mare, BS24 area.

Popular Houses in Merton Drive, Weston-super-Mare, BS24

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 Drive, Weston-super-Mare, BS24