Maida Lane, Ollerton, Newark, NG22

Street Guide For Maida Lane, Ollerton, Newark, NG22

 

Maida Lane, Ollerton, Newark, NG22 Map

Estimated Price: £217,573
Average Asking Price: £257,681
Price change in last one year: £14,579
Average Price Paid: £215,000
Average Rent Rates: £1,425

 

Property Prices Breakdown in Maida Lane, Ollerton, Newark, NG22

Average Price for property in Maida Lane, Ollerton, Newark, NG22 is around £217,573 e.g. average price for detached house is around 217,573. Values have been changing and have risen £1,484 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,203 in last 6 months, £14,579 in last 1 year, £23,947 in last 2 years, £22,849 in last 3 years, £18,746 in last 4 years and £21,999 in last 5 years.

Currently average asking price of a property in Maida Lane, Ollerton, Newark, NG22 is around £257,681 based on approximately 1 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £1,425 per month.

Estimated property value in Maida Lane, Ollerton, Newark, NG22 is £217,573. Average asking price is £257,681 while average price paid is £150,000 which is up by £14,579 and Avg. asking rent £1,425.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 Maida Lane, Ollerton, Newark, NG22 area. In last 1 year alone average price buyer paid is around £150,000 based on approximately 1 sales in Maida Lane, Ollerton, Newark, NG22 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £215,000. 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 £215,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £215,000 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 £125,000, £107,078 for a 2 bedroom house, £168,732 for a 3 bedroom house, £317,053 for a 4 bedroom house and £517,940 for a 5 bedroom house. For a flat the prices of 2 bedroom is £89,995. To sum up the asking prices for properties in Maida Lane, Ollerton, Newark, NG22 it comes to around average £125,000 for 1 bedroom property, £104,801 for 2 bedroom, £168,732 for 3 bedroom, £317,053 for 4 bedroom and £517,940 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 £499 for 2 bedroom to £527 for 3 bedroom and £1,038 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £394. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £466. You should be generally be expecting around average £394 rent per month for single bedroom property, £488 for 2 bedroom, £527 for 3 bedroom and approximately £1,038 for 4 bedroom property in Maida Lane, Ollerton, Newark, NG22 area.

Popular Houses in Maida Lane, Ollerton, Newark, NG22

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 Maida Lane, Ollerton, Newark, NG22