Bankfield Drive, Oldham, OL8

Street Guide For Bankfield Drive, Oldham, OL8

 
 

Bankfield Drive, Oldham, OL8 Map

Estimated Price: £78,754
Average Asking Price: £109,605
Price change in last one year: £3,819
Average Price Paid: £89,000
Average Rent Rates: £491

BBP Estates
65 Canning Street, BURY , Greater Manchester BL9 5

Free House valuation

 

Property Prices Breakdown in Bankfield Drive, Oldham, OL8

Average Price for property in Bankfield Drive, Oldham, OL8 is around £78,754 which varies based on type of property you are interested in and ranges from £87,514 for semi-detached to around £52,477 for terraced house. Values have been changing and have risen £403 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,509 in last 6 months, £3,819 in last 1 year, £7,776 in last 2 years, £7,930 in last 3 years, £5,495 in last 4 years and £3,301 in last 5 years.

Currently average asking price of a property in Bankfield Drive, Oldham, OL8 is around £109,605 based on approximately 1 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £491 per month.

Estimated property value in Bankfield Drive, Oldham, OL8 is £78,754. Average asking price is £109,605 while average price paid is £89,000 which is up by £3,819 and Avg. asking rent £491.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 Bankfield Drive, Oldham, OL8 area. In last 1 year alone average price buyer paid is around £89,000 based on approximately 1 sales in Bankfield Drive, Oldham, OL8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £89,000. 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 £89,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £89,000 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 £109,950, £85,650 for a 2 bedroom house, £104,253 for a 3 bedroom house, £177,728 for a 4 bedroom house and £158,100 for a 5 bedroom house. For a flat the prices of single bedroom is £60,000. To sum up the asking prices for properties in Bankfield Drive, Oldham, OL8 it comes to around average £84,975 for 1 bedroom property, £85,650 for 2 bedroom, £104,253 for 3 bedroom, £177,728 for 4 bedroom and £158,100 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 £470 for 1 bedroom to £433 for 2 bedroom, £509 for 3 bedroom and £576 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £365. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £451 and £390 for 3 bedroom. You should be generally be expecting around average £407 rent per month for single bedroom property, £434 for 2 bedroom, £500 for 3 bedroom and approximately £576 for 4 bedroom property in Bankfield Drive, Oldham, OL8 area.

Popular Houses in Bankfield Drive, Oldham, OL8

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 Bankfield Drive, Oldham, OL8