Montpellier Mews, Salford, M7

Street Guide For Montpellier Mews, Salford, M7

 

Montpellier Mews, Salford, M7 Map

Estimated Price: £368,003
Average Asking Price: £208,877
Price change in last one year: £18,897
Average Price Paid: £287,250
Average Rent Rates: £731

 

Property Prices Breakdown in Montpellier Mews, Salford, M7

Average Price for property in Montpellier Mews, Salford, M7 is around £368,003 which varies based on type of property you are interested in and ranges from £347,367 for detached house to around £449,198 for semi-detached. Similarly terraced house is around £436,583 and a flat is worth £307,422. Values have been changing and have risen £211 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £922 in last 6 months, £18,897 in last 1 year, £31,773 in last 2 years, £30,452 in last 3 years, £31,002 in last 4 years and £21,363 in last 5 years.

Currently average asking price of a property in Montpellier Mews, Salford, M7 is around £208,877 based on approximately 1 properties for sale. Same is the case with rental options based on 114 properties up for rent, average asking rent is around £731 per month.

Estimated property value in Montpellier Mews, Salford, M7 is £368,003. Average asking price is £208,877 while average price paid is £307,500 which is up by £18,897 and Avg. asking rent £731.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 Montpellier Mews, Salford, M7 area. In last 1 year alone average price buyer paid is around £307,500 based on approximately 1 sales in Montpellier Mews, Salford, M7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £307,500. 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 £287,250 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £304,187 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 £150,000, £105,789 for a 2 bedroom house, £159,035 for a 3 bedroom house, £262,001 for a 4 bedroom house and £337,722 for a 5 bedroom house. For a flat similarly the prices varies from £69,902 for a single bedroom to £127,869 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £290,580. To sum up the asking prices for properties in Montpellier Mews, Salford, M7 it comes to around average £74,352 for 1 bedroom property, £121,937 for 2 bedroom, £169,997 for 3 bedroom, £262,001 for 4 bedroom and £337,722 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 £342 for 1 bedroom to £724 for 2 bedrooms, £745 for 3 bedrooms, £778 for 4 bedrooms and £1,148 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £463. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £567 and £550 for 3 bedroom. You should be generally be expecting around average £421 rent per month for single bedroom property, £573 for 2 bedroom, £731 for 3 bedroom, £778 for 4 bedroom and approximately £1,148 for a 5 bedroom property in Montpellier Mews, Salford, M7 area.

Popular Houses in Montpellier Mews, Salford, M7

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 Montpellier Mews, Salford, M7