Brook Lane, Witney, OX28

Street Guide For Brook Lane, Witney, OX28

 

Brook Lane, Witney, OX28 Map

Estimated Price: £304,947
Average Asking Price: £296,836
Price change in last one year: £29,343
Average Price Paid: £264,490
Average Rent Rates: £989

 

Property Prices Breakdown in Brook Lane, Witney, OX28

Average Price for property in Brook Lane, Witney, OX28 is around £304,947 which varies based on type of property you are interested in and ranges from £366,600 for detached house to around £318,623 for semi-detached. Similarly terraced house is around £254,728. Values have been changing and have risen £3,273 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,155 in last 6 months, £29,343 in last 1 year, £40,423 in last 2 years, £49,782 in last 3 years, £44,851 in last 4 years and £50,007 in last 5 years.

Currently average asking price of a property in Brook Lane, Witney, OX28 is around £296,836 based on approximately 2 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £989 per month.

Estimated property value in Brook Lane, Witney, OX28 is £304,947. Average asking price is £296,836 while average price paid is £310,000 which is up by £29,343 and Avg. asking rent £989.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 Brook Lane, Witney, OX28 area. In last 1 year alone average price buyer paid is around £310,000 based on approximately 2 sales in Brook Lane, Witney, OX28 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £264,490. 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 £264,490 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £264,490 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 £192,990, £249,333 for a 2 bedroom house, £303,847 for a 3 bedroom house, £381,306 for a 4 bedroom house and £652,000 for a 5 bedroom house. For a flat similarly the prices varies from £155,761 for a single bedroom to £205,361 for a 2 bedroom Flat. To sum up the asking prices for properties in Brook Lane, Witney, OX28 it comes to around average £165,558 for 1 bedroom property, £230,028 for 2 bedroom, £303,847 for 3 bedroom, £381,306 for 4 bedroom and £652,000 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 £637 for 1 bedroom to £872 for 2 bedrooms, £1,056 for 3 bedrooms, £4,117 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £697. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £814. You should be generally be expecting around average £680 rent per month for single bedroom property, £842 for 2 bedroom, £1,056 for 3 bedroom, £4,117 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Brook Lane, Witney, OX28 area.

Popular Houses in Brook Lane, Witney, OX28

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 Brook Lane, Witney, OX28