Carterton

Area Guide For Carterton

Carterton is the second largest town in West Oxfordshire and is about 2 miles (3 km) south of the A40 and 4 miles (6.4 km) south-west of Witney. The town is on the edge of the Thames Valley and on the edge of the Cotswolds Area of Outstanding Natural Beauty. Much of what is now the northern part of the town was owned by the Moleyns family from at least 1369, but in 1429 William Lord Moleyns was killed at the siege of Orleans and the land passed to the Hungerford family. During the mediaeval period the main road through Carterton was one of the most important in the country, taking trains of packhorses laden with Cotswold wool over Radcot Bridge and on to Southampton for export to the weaving centres of Europe. In the 1770s the land was acquired by the Duke of Marlborough. The pattern of the present settlement dates from 1894 when part of the estate was sold to Homesteads Limited whose director was William Carter. The land was divided into plots of 6 acres and sold for £20 an acre with bungalows costing from £120. Many of the settlers were retired soldiers and refugees from the towns. Carterton soon made its name in the market gardening world. Black grapes from Frenchester

 
 

Carterton Map

Estimated Price: £269,451
Average Asking Price: £306,722
Price change in last one year: £32,679
Average Price Paid: £207,635
Average Rent Rates: £2,679

 
 

Property Prices Breakdown in Carterton

Average Price for property in Carterton is around £269,451 which varies based on type of property you are interested in and ranges from £506,419 for detached house to around £303,325 for semi-detached. Similarly terraced house is around £267,049 and a flat is worth £172,038. Values have been changing and have risen £3,050 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,599 in last 6 months, £32,679 in last 1 year, £26,551 in last 2 years, £33,970 in last 3 years, £35,147 in last 4 years and £37,552 in last 5 years.

Currently average asking price of a property in Carterton is around £306,722 based on approximately 249 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £2,679 per month.

Estimated property value in Carterton is £269,451. Average asking price is £306,722 while average price paid is £231,473 which is up by £32,679 and Avg. asking rent £2,679.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 Carterton area. In last 1 year alone average price buyer paid is around £231,473 based on approximately 249 sales in Carterton area alone. If you compare it to last 3 years sales of 718 properties where buyers paid around £212,400. 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 £207,635 for 1,134 and average amount paid for purchase of approx. 1,538 properties sold in last 7 years comes to about £201,393 per sale.

 
 

Properties For Sale in Carterton

 
 

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 £220,211, £273,852 for a 3 bedroom house, £367,766 for a 4 bedroom house and £516,421 for a 5 bedroom house. For a flat similarly the prices varies from £106,750 for a single bedroom to £164,719 for a 2 bedroom Flat. To sum up the asking prices for properties in Carterton it comes to around average £106,750 for 1 bedroom property, £184,696 for 2 bedroom, £273,852 for 3 bedroom, £367,766 for 4 bedroom and £516,421 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 £725 for 1 bedroom to £874 for 2 bedroom, £1,126 for 3 bedroom and £1,400 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £622. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £735 and £793 for 3 bedroom. You should be generally be expecting around average £690 rent per month for single bedroom property, £773 for 2 bedroom, £1,059 for 3 bedroom and approximately £1,400 for 4 bedroom property in Carterton area.

Popular Houses in Carterton

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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