M31

Real Estate Area Guide For M31

 

M31 Map

Estimated Price: £123,873
Average Asking Price: £164,767
Price change in last one year: £8,953
Average Price Paid: £106,883
Average Rent Rates: £603

 

Property Prices Breakdown in M31

Average Price for property in M31 is around £123,873 which varies based on type of property you are interested in and ranges from £187,849 for detached house to around £130,799 for semi-detached. Similarly terraced house is around £105,312 and a flat is worth £94,396. Values have been changing and have risen £180 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £747 in last 6 months, £8,953 in last 1 year, £12,980 in last 2 years, £14,382 in last 3 years, £13,813 in last 4 years and £11,840 in last 5 years.

Currently average asking price of a property in M31 is around £164,767 based on approximately 64 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £603 per month.

Estimated property value in M31 is £123,873. Average asking price is £164,767 while average price paid is £114,348 which is up by £8,953 and Avg. asking rent £603.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 M31 area. In last 1 year alone average price buyer paid is around £114,348 based on approximately 64 sales in M31 area alone. If you compare it to last 3 years sales of 149 properties where buyers paid around £107,719. 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 £106,883 for 227 and average amount paid for purchase of approx. 328 properties sold in last 7 years comes to about £105,771 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 £109,485, £123,457 for a 3 bedroom house, £119,997 for a 4 bedroom house and £242,500 for a 5 bedroom house. To sum up the asking prices for properties in M31 it comes to around average £109,485 for 2 bedroom property, £123,457 for 3 bedroom, £119,997 for 4 bedroom and £242,500 for 5 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 £676 for 2 bedroom to £596 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £498. You should be generally be expecting around average £587 rent per month for 2 bedroom property and approximately £596 for 3 bedroom property in M31 area.

Popular Houses in M31

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.

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