Cresswell Drive, Cottesmore, Oakham, LE15

Street Guide For Cresswell Drive, Cottesmore, Oakham, LE15

 

Cresswell Drive, Cottesmore, Oakham, LE15 Map

Estimated Price: £210,080
Average Asking Price: £318,325
Price change in last one year: £12,788
Average Price Paid: £163,595
Average Rent Rates: £702

 

Property Prices Breakdown in Cresswell Drive, Cottesmore, Oakham, LE15

Average Price for property in Cresswell Drive, Cottesmore, Oakham, LE15 is around £210,080 which varies based on type of property you are interested in and ranges from £270,250 for detached house to around £179,996 for semi-detached. Values have been changing and have risen £666 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,415 in last 6 months, £12,788 in last 1 year, £22,261 in last 2 years, £21,341 in last 3 years, £22,226 in last 4 years and £20,260 in last 5 years.

Currently average asking price of a property in Cresswell Drive, Cottesmore, Oakham, LE15 is around £318,325 based on approximately 1 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £702 per month.

Estimated property value in Cresswell Drive, Cottesmore, Oakham, LE15 is £210,080. Average asking price is £318,325 while average price paid is £140,000 which is up by £12,788 and Avg. asking rent £702.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 Cresswell Drive, Cottesmore, Oakham, LE15 area. In last 1 year alone average price buyer paid is around £140,000 based on approximately 1 sales in Cresswell Drive, Cottesmore, Oakham, LE15 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £147,207. 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 £163,595 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £164,172 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 £152,486, £172,243 for a 2 bedroom house, £258,871 for a 3 bedroom house, £383,354 for a 4 bedroom house and £554,899 for a 5 bedroom house. For a flat similarly the prices varies from £116,061 for a single bedroom to £110,117 for a 2 bedroom Flat. To sum up the asking prices for properties in Cresswell Drive, Cottesmore, Oakham, LE15 it comes to around average £129,307 for 1 bedroom property, £151,534 for 2 bedroom, £258,871 for 3 bedroom, £383,354 for 4 bedroom and £554,899 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 £416 for 1 bedroom to £647 for 2 bedrooms, £775 for 3 bedrooms, £1,096 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 £470. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £536. You should be generally be expecting around average £464 rent per month for single bedroom property, £592 for 2 bedroom, £775 for 3 bedroom, £1,096 for 4 bedroom and approximately £2,249 for a 5 bedroom property in Cresswell Drive, Cottesmore, Oakham, LE15 area.

Popular Houses in Cresswell Drive, Cottesmore, Oakham, LE15

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 Cresswell Drive, Cottesmore, Oakham, LE15