Higher Wheat Lane, Rochdale, OL16

Street Guide For Higher Wheat Lane, Rochdale, OL16

 

Higher Wheat Lane, Rochdale, OL16 Map

Estimated Price: £87,637
Average Asking Price: £144,836
Price change in last one year: £3,830
Average Price Paid: £82,487
Average Rent Rates: £518

 

Property Prices Breakdown in Higher Wheat Lane, Rochdale, OL16

Average Price for property in Higher Wheat Lane, Rochdale, OL16 is around £87,637 e.g. average price for semi-detached is around 87,637. Values have been changing and have risen £55 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £738 in last 6 months, £3,830 in last 1 year, £7,351 in last 2 years, £8,134 in last 3 years, £5,902 in last 4 years and £2,999 in last 5 years.

Currently average asking price of a property in Higher Wheat Lane, Rochdale, OL16 is around £144,836 based on approximately 0 properties for sale. Same is the case with rental options based on 66 properties up for rent, average asking rent is around £518 per month.

Estimated property value in Higher Wheat Lane, Rochdale, OL16 is £87,637. Average asking price is £144,836 while average price paid is £84,650 which is up by £8,134 and Avg. asking rent £518.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 Higher Wheat Lane, Rochdale, OL16 area. In last 3 years alone average price buyer paid is around £84,650 based on approximately 3 sales in Higher Wheat Lane, Rochdale, OL16 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £82,487. 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 £82,991 for 6 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, £130,463 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 Higher Wheat Lane, Rochdale, OL16 it comes to around average £173,890 for 1 bedroom property, £85,392 for 2 bedroom, £130,463 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 Higher Wheat Lane, Rochdale, OL16 area.

Popular Houses in Higher Wheat Lane, 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 Higher Wheat Lane, Rochdale, OL16