Values have been changing and have risen £306 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,147 in last 6 months, £2,904 in last 1 year, £5,910 in last 2 years, £6,027 in last 3 years, £4,177 in last 4 years and £2,511 in last 5 years.
Currently average asking price of a property in Meldrum Street, Oldham, OL8 is around £109,605 based on approximately 2 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £491 per month.
Estimated property value in Meldrum Street, Oldham, OL8 is £55,713. Average asking price is £109,605 while average price paid is £47,500 which is up by £2,904 and Avg. asking rent £491.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 Meldrum Street, Oldham, OL8 area. In last 1 year alone average price buyer paid is around £47,500 based on approximately 2 sales in Meldrum Street, Oldham, OL8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £53,250. 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 £47,625 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £51,416 per sale.