Binsey Lane, Oxford, OX2

Street Guide For Binsey Lane, Oxford, OX2

 

Binsey Lane, Oxford, OX2 Map

Estimated Price: £333,784
Average Asking Price: £717,100
Price change in last one year: £35,832
Average Price Paid: £329,181
Average Rent Rates: £2,267

 

Property Prices Breakdown in Binsey Lane, Oxford, OX2

Average Price for property in Binsey Lane, Oxford, OX2 is around £333,784 which varies based on type of property you are interested in and ranges from £362,600 for detached house to around £394,578 for semi-detached. Similarly terraced house is around £430,668 and a flat is worth £265,684. Values have been changing and have risen £3,226 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,162 in last 6 months, £35,832 in last 1 year, £44,251 in last 2 years, £58,232 in last 3 years, £45,402 in last 4 years and £60,102 in last 5 years.

Currently average asking price of a property in Binsey Lane, Oxford, OX2 is around £717,100 based on approximately 2 properties for sale. Same is the case with rental options based on 199 properties up for rent, average asking rent is around £2,267 per month.

Estimated property value in Binsey Lane, Oxford, OX2 is £333,784. Average asking price is £717,100 while average price paid is £347,500 which is up by £35,832 and Avg. asking rent £2,267.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 Binsey Lane, Oxford, OX2 area. In last 1 year alone average price buyer paid is around £347,500 based on approximately 2 sales in Binsey Lane, Oxford, OX2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £364,250. 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 £329,181 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £299,120 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 £395,931, £460,534 for a 3 bedroom house, £640,076 for a 4 bedroom house and £1,192,932 for a 5 bedroom house. For a flat similarly the prices varies from £165,242 for a single bedroom to £351,632 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £896,667 and £850,000 for a 4 bedroom flat. To sum up the asking prices for properties in Binsey Lane, Oxford, OX2 it comes to around average £165,242 for 1 bedroom property, £368,920 for 2 bedroom, £505,651 for 3 bedroom, £644,958 for 4 bedroom and £1,192,932 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 £609 for 1 bedroom to £2,152 for 2 bedrooms, £1,889 for 3 bedrooms, £3,472 for 4 bedrooms and £4,737 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,695. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,083, £2,755 for 3 bedroom, £2,166 for 4 bedroom and around £2,301 for 5 bedroom flat. You should be generally be expecting around average £1,521 rent per month for single bedroom property, £2,097 for 2 bedroom, £2,084 for 3 bedroom, £3,309 for 4 bedroom and approximately £4,494 for a 5 bedroom property in Binsey Lane, Oxford, OX2 area.

Popular Houses in Binsey Lane, Oxford, OX2

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 Binsey Lane, Oxford, OX2