Derwent Avenue, Milnrow, Rochdale, OL16

Street Guide For Derwent Avenue, Milnrow, Rochdale, OL16

 

Derwent Avenue, Milnrow, Rochdale, OL16 Map

Estimated Price: £178,145
Average Asking Price: £144,790
Price change in last one year: £8,115
Average Price Paid: £201,500
Average Rent Rates: £521

 

Property Prices Breakdown in Derwent Avenue, Milnrow, Rochdale, OL16

Average Price for property in Derwent Avenue, Milnrow, Rochdale, OL16 is around £178,145 which varies based on type of property you are interested in and ranges from £191,241 for detached house to around £155,225 for semi-detached. Values have been changing and have risen £116 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,561 in last 6 months, £8,115 in last 1 year, £15,578 in last 2 years, £17,232 in last 3 years, £12,487 in last 4 years and £6,317 in last 5 years.

Currently average asking price of a property in Derwent Avenue, Milnrow, Rochdale, OL16 is around £144,790 based on approximately 0 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £521 per month.

Estimated property value in Derwent Avenue, Milnrow, Rochdale, OL16 is £178,145. Average asking price is £144,790 while average price paid is £190,000 which is up by £17,232 and Avg. asking rent £521.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 Derwent Avenue, Milnrow, Rochdale, OL16 area. In last 3 years alone average price buyer paid is around £190,000 based on approximately 1 sales in Derwent Avenue, Milnrow, Rochdale, OL16 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £201,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £214,333 for 3 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 £199,988, £85,443 for a 2 bedroom house, £130,571 for a 3 bedroom house, £224,506 for a 4 bedroom house and £280,540 for a 5 bedroom house. For a flat similarly the prices varies from £69,500 for a single bedroom to £84,236 for a 2 bedroom Flat. To sum up the asking prices for properties in Derwent Avenue, Milnrow, Rochdale, OL16 it comes to around average £173,890 for 1 bedroom property, £85,392 for 2 bedroom, £130,571 for 3 bedroom, £224,506 for 4 bedroom and £280,540 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 £191 for 1 bedroom to £464 for 2 bedroom, £536 for 3 bedroom and £713 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £409. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £459. You should be generally be expecting around average £360 rent per month for single bedroom property, £463 for 2 bedroom, £536 for 3 bedroom and approximately £713 for 4 bedroom property in Derwent Avenue, Milnrow, Rochdale, OL16 area.

Popular Houses in Derwent Avenue, Milnrow, Rochdale, OL16

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 Derwent Avenue, Milnrow, Rochdale, OL16