Ironstone Hollow, Hook Norton, Banbury, OX15

Street Guide For Ironstone Hollow, Hook Norton, Banbury, OX15

 

Ironstone Hollow, Hook Norton, Banbury, OX15 Map

Estimated Price: £518,433
Average Asking Price: £422,128
Price change in last one year: £45,201
Average Price Paid: £359,000
Average Rent Rates: £1,521

 

Property Prices Breakdown in Ironstone Hollow, Hook Norton, Banbury, OX15

Average Price for property in Ironstone Hollow, Hook Norton, Banbury, OX15 is around £518,433 e.g. average price for detached house is around 518,433. Values have been changing and have risen £5,184 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,483 in last 6 months, £45,201 in last 1 year, £63,313 in last 2 years, £67,938 in last 3 years, £65,172 in last 4 years and £77,626 in last 5 years.

Currently average asking price of a property in Ironstone Hollow, Hook Norton, Banbury, OX15 is around £422,128 based on approximately 1 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £1,521 per month.

Estimated property value in Ironstone Hollow, Hook Norton, Banbury, OX15 is £518,433. Average asking price is £422,128 while average price paid is £375,000 which is up by £45,201 and Avg. asking rent £1,521.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 Ironstone Hollow, Hook Norton, Banbury, OX15 area. In last 1 year alone average price buyer paid is around £375,000 based on approximately 1 sales in Ironstone Hollow, Hook Norton, Banbury, OX15 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £365,000. 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 £359,000 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £349,285 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 2 bedroom is around £269,694, £301,950 for a 3 bedroom house, £460,300 for a 4 bedroom house and £633,621 for a 5 bedroom house. For a flat similarly the prices varies from £102,475 for a single bedroom to £231,650 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £375,000. To sum up the asking prices for properties in Ironstone Hollow, Hook Norton, Banbury, OX15 it comes to around average £102,475 for 1 bedroom property, £263,988 for 2 bedroom, £304,306 for 3 bedroom, £460,300 for 4 bedroom and £633,621 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 £821 for 2 bedroom to £1,286 for 3 bedroom, £1,867 for 4 bedroom and £2,544 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £522. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £750. You should be generally be expecting around average £522 rent per month for single bedroom property, £815 for 2 bedroom, £1,286 for 3 bedroom, £1,867 for 4 bedroom and approximately £2,544 for a 5 bedroom property in Ironstone Hollow, Hook Norton, Banbury, OX15 area.

Popular Houses in Ironstone Hollow, Hook Norton, Banbury, OX15

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 Ironstone Hollow, Hook Norton, Banbury, OX15