Cherrington Drive, Rochdale, OL11

Street Guide For Cherrington Drive, Rochdale, OL11

 

Cherrington Drive, Rochdale, OL11 Map

Estimated Price: £150,341
Average Asking Price: £221,866
Price change in last one year: £7,318
Average Price Paid: £136,472
Average Rent Rates: £700

 

Property Prices Breakdown in Cherrington Drive, Rochdale, OL11

Average Price for property in Cherrington Drive, Rochdale, OL11 is around £150,341 which varies based on type of property you are interested in and ranges from £208,038 for detached house to around £132,626 for semi-detached. Similarly terraced house is around £136,184. Values have been changing and have risen £50 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £928 in last 6 months, £7,318 in last 1 year, £13,263 in last 2 years, £15,165 in last 3 years, £12,010 in last 4 years and £7,204 in last 5 years.

Currently average asking price of a property in Cherrington Drive, Rochdale, OL11 is around £221,866 based on approximately 2 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £700 per month.

Estimated property value in Cherrington Drive, Rochdale, OL11 is £150,341. Average asking price is £221,866 while average price paid is £175,000 which is up by £7,318 and Avg. asking rent £700.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 Cherrington Drive, Rochdale, OL11 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 2 sales in Cherrington Drive, Rochdale, OL11 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £131,833. 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 £136,472 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £134,854 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 £81,200, £102,708 for a 2 bedroom house, £158,471 for a 3 bedroom house, £293,985 for a 4 bedroom house and £530,735 for a 5 bedroom house. For a flat similarly the prices varies from £97,046 for a single bedroom to £113,314 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £204,950. To sum up the asking prices for properties in Cherrington Drive, Rochdale, OL11 it comes to around average £93,084 for 1 bedroom property, £104,022 for 2 bedroom, £159,079 for 3 bedroom, £293,985 for 4 bedroom and £530,735 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 £524 for 1 bedroom to £498 for 2 bedrooms, £537 for 3 bedrooms, £937 for 4 bedrooms and £2,249 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £403. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £557 and £702 for 3 bedroom. You should be generally be expecting around average £427 rent per month for single bedroom property, £511 for 2 bedroom, £547 for 3 bedroom, £937 for 4 bedroom and approximately £2,249 for a 5 bedroom property in Cherrington Drive, Rochdale, OL11 area.

Popular Houses in Cherrington Drive, Rochdale, OL11

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 Cherrington Drive, Rochdale, OL11