Murren Avenue, Malvern, WR14

Street Guide For Murren Avenue, Malvern, WR14

 

Murren Avenue, Malvern, WR14 Map

Estimated Price: £186,807
Average Asking Price: £247,778
Price change in last one year: £13,644
Average Price Paid: £161,250
Average Rent Rates: £671

 

Property Prices Breakdown in Murren Avenue, Malvern, WR14

Average Price for property in Murren Avenue, Malvern, WR14 is around £186,807 which varies based on type of property you are interested in and ranges from £182,641 for detached house to around £187,224 for semi-detached. Values have been changing and have risen £1,866 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,516 in last 6 months, £13,644 in last 1 year, £21,454 in last 2 years, £24,099 in last 3 years, £24,653 in last 4 years and £19,792 in last 5 years.

Currently average asking price of a property in Murren Avenue, Malvern, WR14 is around £247,778 based on approximately 2 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £671 per month.

Estimated property value in Murren Avenue, Malvern, WR14 is £186,807. Average asking price is £247,778 while average price paid is £188,500 which is up by £13,644 and Avg. asking rent £671.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 Murren Avenue, Malvern, WR14 area. In last 1 year alone average price buyer paid is around £188,500 based on approximately 2 sales in Murren Avenue, Malvern, WR14 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £161,250. 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 £161,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £161,250 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 £116,650, £192,217 for a 2 bedroom house, £227,342 for a 3 bedroom house, £377,533 for a 4 bedroom house and £361,383 for a 5 bedroom house. For a flat similarly the prices varies from £131,067 for a single bedroom to £170,959 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £243,125. To sum up the asking prices for properties in Murren Avenue, Malvern, WR14 it comes to around average £129,404 for 1 bedroom property, £180,687 for 2 bedroom, £230,640 for 3 bedroom, £377,533 for 4 bedroom and £361,383 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 £646 for 2 bedroom to £785 for 3 bedroom and £1,149 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £502. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £607 and £702 for 3 bedroom. You should be generally be expecting around average £502 rent per month for single bedroom property, £622 for 2 bedroom, £758 for 3 bedroom and approximately £1,149 for 4 bedroom property in Murren Avenue, Malvern, WR14 area.

Popular Houses in Murren Avenue, Malvern, WR14

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 Murren Avenue, Malvern, WR14