Bethany Lane, Newhey, Rochdale, OL16

Street Guide For Bethany Lane, Newhey, Rochdale, OL16

 

Bethany Lane, Newhey, Rochdale, OL16 Map

Estimated Price: £276,702
Average Asking Price: £144,790
Price change in last one year: £12,747
Average Price Paid: £124,000
Average Rent Rates: £521

 

Property Prices Breakdown in Bethany Lane, Newhey, Rochdale, OL16

Average Price for property in Bethany Lane, Newhey, Rochdale, OL16 is around £276,702 which varies based on type of property you are interested in and ranges from £681,869 for detached house to around £260,717 for semi-detached. Similarly terraced house is around £152,302. 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 £2,451 in last 6 months, £12,747 in last 1 year, £24,469 in last 2 years, £27,066 in last 3 years, £19,610 in last 4 years and £9,912 in last 5 years.

Currently average asking price of a property in Bethany Lane, Newhey, Rochdale, OL16 is around £144,790 based on approximately 1 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £521 per month.

Estimated property value in Bethany Lane, Newhey, Rochdale, OL16 is £276,702. Average asking price is £144,790 while average price paid is £124,000 which is up by £12,747 and Avg. asking rent £521.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 Bethany Lane, Newhey, Rochdale, OL16 area. In last 1 year alone average price buyer paid is around £124,000 based on approximately 1 sales in Bethany Lane, Newhey, Rochdale, OL16 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £124,000. 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 £124,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £417,000 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 £199,988, £85,443 for a 2 bedroom house, £130,463 for a 3 bedroom house, £224,506 for a 4 bedroom house and £280,540 for a 5 bedroom house. For a flat similarly the prices varies from £69,500 for a single bedroom to £84,236 for a 2 bedroom Flat. To sum up the asking prices for properties in Bethany Lane, Newhey, Rochdale, OL16 it comes to around average £173,890 for 1 bedroom property, £85,392 for 2 bedroom, £130,463 for 3 bedroom, £224,506 for 4 bedroom and £280,540 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 £191 for 1 bedroom to £464 for 2 bedroom, £536 for 3 bedroom and £713 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £409. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £459. You should be generally be expecting around average £360 rent per month for single bedroom property, £463 for 2 bedroom, £536 for 3 bedroom and approximately £713 for 4 bedroom property in Bethany Lane, Newhey, Rochdale, OL16 area.

Popular Houses in Bethany Lane, Newhey, Rochdale, OL16

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 Bethany Lane, Newhey, Rochdale, OL16