Alder Road, Failsworth, Manchester, M35

Street Guide For Alder Road, Failsworth, Manchester, M35

 

Alder Road, Failsworth, Manchester, M35 Map

Estimated Price: £156,608
Average Asking Price: £155,820
Price change in last one year: £9,321
Average Price Paid: £141,250
Average Rent Rates: £524

 

Property Prices Breakdown in Alder Road, Failsworth, Manchester, M35

Average Price for property in Alder Road, Failsworth, Manchester, M35 is around £156,608 which varies based on type of property you are interested in and ranges from £204,910 for detached house to around £152,937 for semi-detached. Similarly terraced house is around £109,562. Values have been changing and have risen £165 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £110 in last 6 months, £9,321 in last 1 year, £16,021 in last 2 years, £15,842 in last 3 years, £14,581 in last 4 years and £11,670 in last 5 years.

Currently average asking price of a property in Alder Road, Failsworth, Manchester, M35 is around £155,820 based on approximately 0 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £524 per month.

Estimated property value in Alder Road, Failsworth, Manchester, M35 is £156,608. Average asking price is £155,820 while average price paid is £130,000 which is up by £15,842 and Avg. asking rent £524.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 Alder Road, Failsworth, Manchester, M35 area. In last 3 years alone average price buyer paid is around £130,000 based on approximately 3 sales in Alder Road, Failsworth, Manchester, M35 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £141,250. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £139,108 for 6 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 £94,849, £120,060 for a 3 bedroom house, £487,500 for a 4 bedroom house and £184,975 for a 5 bedroom house. For a flat the prices of 2 bedroom is £75,488. To sum up the asking prices for properties in Alder Road, Failsworth, Manchester, M35 it comes to around average £85,168 for 2 bedroom property, £120,060 for 3 bedroom, £487,500 for 4 bedroom and £184,975 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 £482 for 2 bedroom to £650 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £494. You should be generally be expecting around average £494 rent per month for single bedroom property, £483 for 2 bedroom and approximately £650 for 3 bedroom property in Alder Road, Failsworth, Manchester, M35 area.

Popular Houses in Alder Road, Failsworth, Manchester, M35

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 Alder Road, Failsworth, Manchester, M35