Ashton-under-Lyne

Area Guide For Ashton-under-Lyne

Ashton-under-Lyne (pop. 43,200) is a market town in the Metropolitan Borough of Tameside, Greater Manchester, England. Historically a part of Lancashire, it lies on the north bank of the River Tame, on undulating land at the foothills of the Pennines. Ashton (as it is often shortened to) is 3.8 miles (6.1 km) south-southeast of Oldham, 6.1 miles (9.8 km) north-northeast of Stockport, and 6.2 miles (10.0 km) east of the city of Manchester. Evidence of Stone Age, Bronze Age, and Viking activity has been discovered in Ashton-under-Lyne and its surrounding area. The "Ashton" part of the town's name probably dates from the Anglo-Saxon period, and derives from Old English meaning "settlement by ash trees". The origin of the "under-Lyne" suffix is less clear, and it possibly derives from the British lemo meaning elm or from Ashton's proximity to the Pennines. During the Middle Ages, Ashton-under-Lyne formed a parish and township centred on Ashton Old Hall which was held by the de Asshetons, the Lords of the Manor. Granted a Royal Charter in 1414, the manor spanned a broad rural area consisting of marshland, moorland, and a number of villages and hamlets. Until the introduction of the

 
 

Ashton-under-Lyne Map

Estimated Price: £128,544
Average Asking Price: £146,461
Price change in last one year: £4,917
Average Price Paid: £111,891
Average Rent Rates: £688

 
 

Property Prices Breakdown in Ashton-under-Lyne

Average Price for property in Ashton-under-Lyne is around £128,544 which varies based on type of property you are interested in and ranges from £237,591 for detached house to around £141,773 for semi-detached. Similarly terraced house is around £99,187 and a flat is worth £115,995. Values have been changing and have risen £68 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,486 in last 6 months, £4,917 in last 1 year, £15,282 in last 2 years, £14,356 in last 3 years, £12,093 in last 4 years and £7,161 in last 5 years.

Currently average asking price of a property in Ashton-under-Lyne is around £146,461 based on approximately 515 properties for sale. Same is the case with rental options based on 66 properties up for rent, average asking rent is around £688 per month.

Estimated property value in Ashton-under-Lyne is £128,544. Average asking price is £146,461 while average price paid is £118,243 which is up by £4,917 and Avg. asking rent £688.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 Ashton-under-Lyne area. In last 1 year alone average price buyer paid is around £118,243 based on approximately 515 sales in Ashton-under-Lyne area alone. If you compare it to last 3 years sales of 1,458 properties where buyers paid around £112,435. 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 £111,891 for 2,386 and average amount paid for purchase of approx. 3,583 properties sold in last 7 years comes to about £117,296 per sale.

 
 

Properties For Sale in Ashton-under-Lyne

 
 

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 £79,250, £96,273 for a 2 bedroom house, £148,164 for a 3 bedroom house, £220,634 for a 4 bedroom house and £318,627 for a 5 bedroom house. For a flat similarly the prices varies from £107,500 for a single bedroom to £96,576 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £108,000. To sum up the asking prices for properties in Ashton-under-Lyne it comes to around average £93,375 for 1 bedroom property, £96,315 for 2 bedroom, £147,908 for 3 bedroom, £220,634 for 4 bedroom and £318,627 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 £494 for 1 bedroom to £477 for 2 bedroom and £567 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £385. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £466 and £494 for 3 bedroom. You should be generally be expecting around average £425 rent per month for single bedroom property, £473 for 2 bedroom and approximately £561 for 3 bedroom property in Ashton-under-Lyne area.

Popular Houses in Ashton-under-Lyne

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.

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