Merton Road, Stockport, SK3

Street Guide For Merton Road, Stockport, SK3

 

Merton Road, Stockport, SK3 Map

Estimated Price: £153,140
Average Asking Price: £157,941
Price change in last one year: £8,781
Average Price Paid: £147,500
Average Rent Rates: £583

 

Property Prices Breakdown in Merton Road, Stockport, SK3

Average Price for property in Merton Road, Stockport, SK3 is around £153,140 which varies based on type of property you are interested in and ranges from £165,993 for detached house to around £151,973 for semi-detached. Similarly terraced house is around £149,633. Values have been changing and have risen £97 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,267 in last 6 months, £8,781 in last 1 year, £15,166 in last 2 years, £16,909 in last 3 years, £15,672 in last 4 years and £14,143 in last 5 years.

Currently average asking price of a property in Merton Road, Stockport, SK3 is around £157,941 based on approximately 1 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £583 per month.

Estimated property value in Merton Road, Stockport, SK3 is £153,140. Average asking price is £157,941 while average price paid is £147,500 which is up by £8,781 and Avg. asking rent £583.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 Road, Stockport, SK3 area. In last 1 year alone average price buyer paid is around £147,500 based on approximately 1 sales in Merton Road, Stockport, SK3 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £147,500. 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 £147,500 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £138,750 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 £107,238, £118,438 for a 2 bedroom house, £183,515 for a 3 bedroom house, £246,274 for a 4 bedroom house and £245,000 for a 5 bedroom house. For a flat similarly the prices varies from £71,544 for a single bedroom to £89,700 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £64,950. To sum up the asking prices for properties in Merton Road, Stockport, SK3 it comes to around average £82,527 for 1 bedroom property, £114,048 for 2 bedroom, £182,051 for 3 bedroom, £246,274 for 4 bedroom and £245,000 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 £609 for 1 bedroom to £580 for 2 bedroom, £645 for 3 bedroom and £1,049 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £533. You should be generally be expecting around average £504 rent per month for single bedroom property, £572 for 2 bedroom, £645 for 3 bedroom and approximately £1,049 for 4 bedroom property in Merton Road, Stockport, SK3 area.

Popular Houses in Merton Road, Stockport, SK3

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 Road, Stockport, SK3