Clay Lane, Rochdale, OL11

Street Guide For Clay Lane, Rochdale, OL11

 

Clay Lane, Rochdale, OL11 Map

Estimated Price: £244,213
Average Asking Price: £221,866
Price change in last one year: £11,807
Average Price Paid: £156,080
Average Rent Rates: £700

 

Property Prices Breakdown in Clay Lane, Rochdale, OL11

Average Price for property in Clay Lane, Rochdale, OL11 is around £244,213 which varies based on type of property you are interested in and ranges from £367,455 for detached house to around £197,994 for semi-detached. Similarly terraced house is around £138,987 and a flat is worth £240,250. Values have been changing and have risen £81 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,496 in last 6 months, £11,807 in last 1 year, £21,395 in last 2 years, £24,460 in last 3 years, £19,363 in last 4 years and £11,603 in last 5 years.

Currently average asking price of a property in Clay Lane, Rochdale, OL11 is around £221,866 based on approximately 4 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 Clay Lane, Rochdale, OL11 is £244,213. Average asking price is £221,866 while average price paid is £148,000 which is up by £11,807 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 Clay Lane, Rochdale, OL11 area. In last 1 year alone average price buyer paid is around £148,000 based on approximately 4 sales in Clay Lane, Rochdale, OL11 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £174,220. 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 £156,080 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £159,110 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 Clay Lane, 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 Clay Lane, Rochdale, OL11 area.

Popular Houses in Clay Lane, 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 Clay Lane, Rochdale, OL11