Burn Bank, Greenfield, Oldham, OL3

Street Guide For Burn Bank, Greenfield, Oldham, OL3

 

Burn Bank, Greenfield, Oldham, OL3 Map

Estimated Price: £204,388
Average Asking Price: £354,518
Price change in last one year: £6,981
Average Price Paid: £192,300
Average Rent Rates: £676

 

Property Prices Breakdown in Burn Bank, Greenfield, Oldham, OL3

Average Price for property in Burn Bank, Greenfield, Oldham, OL3 is around £204,388 e.g. average price for terraced house is around 204,388. Values have been changing and have risen £1,134 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,674 in last 6 months, £6,981 in last 1 year, £19,234 in last 2 years, £19,958 in last 3 years, £13,835 in last 4 years and £8,374 in last 5 years.

Currently average asking price of a property in Burn Bank, Greenfield, Oldham, OL3 is around £354,518 based on approximately 1 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £676 per month.

Estimated property value in Burn Bank, Greenfield, Oldham, OL3 is £204,388. Average asking price is £354,518 while average price paid is £222,500 which is up by £6,981 and Avg. asking rent £676.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 Burn Bank, Greenfield, Oldham, OL3 area. In last 1 year alone average price buyer paid is around £222,500 based on approximately 1 sales in Burn Bank, Greenfield, Oldham, OL3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £203,750. 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 £192,300 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £192,300 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 £199,403, £258,869 for a 3 bedroom house, £466,870 for a 4 bedroom house and £573,859 for a 5 bedroom house. For a flat similarly the prices varies from £126,983 for a single bedroom to £239,180 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £199,950. To sum up the asking prices for properties in Burn Bank, Greenfield, Oldham, OL3 it comes to around average £126,983 for 1 bedroom property, £210,452 for 2 bedroom, £256,837 for 3 bedroom, £466,870 for 4 bedroom and £573,859 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 is £627 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £433. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £582. You should be generally be expecting around average £433 rent per month for single bedroom property and approximately £607 for 2 bedroom property in Burn Bank, Greenfield, Oldham, OL3 area.

Popular Houses in Burn Bank, Greenfield, Oldham, OL3

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 Burn Bank, Greenfield, Oldham, OL3