Mellor Way, Chadderton, Oldham, OL9

Street Guide For Mellor Way, Chadderton, Oldham, OL9

 
 

Mellor Way, Chadderton, Oldham, OL9 Map

Estimated Price: £78,960
Average Asking Price: £154,662
Price change in last one year: £3,226
Average Price Paid: £43,500
Average Rent Rates: £714

Aadams Estate Agents
Aadam House, 394 Lees Road, Oldham, OL4 5EP

Free House valuation

 

Property Prices Breakdown in Mellor Way, Chadderton, Oldham, OL9

Average Price for property in Mellor Way, Chadderton, Oldham, OL9 is around £78,960 e.g. average price for terraced house is around 78,960. Values have been changing and have risen £34 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £325 in last 6 months, £3,226 in last 1 year, £6,074 in last 2 years, £6,856 in last 3 years, £4,011 in last 4 years and £3,145 in last 5 years.

Currently average asking price of a property in Mellor Way, Chadderton, Oldham, OL9 is around £154,662 based on approximately 0 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £714 per month.

Estimated property value in Mellor Way, Chadderton, Oldham, OL9 is £78,960. Average asking price is £154,662 while average price paid is £43,500 which is up by £6,856 and Avg. asking rent £714.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 Mellor Way, Chadderton, Oldham, OL9 area. In last 3 years alone average price buyer paid is around £43,500 based on approximately 1 sales in Mellor Way, Chadderton, Oldham, OL9 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £43,500. 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 £70,500 for 2 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 £86,225, £88,836 for a 2 bedroom house, £134,995 for a 3 bedroom house, £228,438 for a 4 bedroom house and £224,556 for a 5 bedroom house. For a flat the prices of 2 bedroom is £136,964. To sum up the asking prices for properties in Mellor Way, Chadderton, Oldham, OL9 it comes to around average £86,225 for 1 bedroom property, £96,726 for 2 bedroom, £134,995 for 3 bedroom, £228,438 for 4 bedroom and £224,556 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 £460 for 2 bedroom to £551 for 3 bedroom and £664 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £422. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £477. You should be generally be expecting around average £422 rent per month for single bedroom property, £461 for 2 bedroom, £551 for 3 bedroom and approximately £664 for 4 bedroom property in Mellor Way, Chadderton, Oldham, OL9 area.

Popular Houses in Mellor Way, Chadderton, Oldham, OL9

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 Mellor Way, Chadderton, Oldham, OL9