Melrose Way, Oakerthorpe, Alfreton, DE55

Street Guide For Melrose Way, Oakerthorpe, Alfreton, DE55

 

Melrose Way, Oakerthorpe, Alfreton, DE55 Map

Estimated Price: £488,758
Average Asking Price: £239,751
Price change in last one year: £18,070
Average Price Paid: £431,500
Average Rent Rates: £4,265

 

Property Prices Breakdown in Melrose Way, Oakerthorpe, Alfreton, DE55

Average Price for property in Melrose Way, Oakerthorpe, Alfreton, DE55 is around £488,758 e.g. average price for detached house is around 488,758. Values have been changing and have risen £909 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,975 in last 6 months, £18,070 in last 1 year, £43,343 in last 2 years, £42,973 in last 3 years, £43,113 in last 4 years and £31,935 in last 5 years.

Currently average asking price of a property in Melrose Way, Oakerthorpe, Alfreton, DE55 is around £239,751 based on approximately 0 properties for sale. Same is the case with rental options based on 124 properties up for rent, average asking rent is around £4,265 per month.

Estimated property value in Melrose Way, Oakerthorpe, Alfreton, DE55 is £488,758. Average asking price is £239,751 while average price paid is £420,000 which is up by £42,973 and Avg. asking rent £4,265.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 Melrose Way, Oakerthorpe, Alfreton, DE55 area. In last 3 years alone average price buyer paid is around £420,000 based on approximately 5 sales in Melrose Way, Oakerthorpe, Alfreton, DE55 area alone. If you compare it to last 5 years sales of 10 properties where buyers paid around £431,500. 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 £431,500 for 10 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 £73,967, £107,203 for a 2 bedroom house, £138,684 for a 3 bedroom house, £284,088 for a 4 bedroom house and £439,120 for a 5 bedroom house. For a flat similarly the prices varies from £54,225 for a single bedroom to £89,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Melrose Way, Oakerthorpe, Alfreton, DE55 it comes to around average £62,686 for 1 bedroom property, £107,040 for 2 bedroom, £138,684 for 3 bedroom, £284,088 for 4 bedroom and £439,120 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 £410 for 1 bedroom to £433 for 2 bedrooms, £538 for 3 bedrooms, £675 for 4 bedrooms and £793 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £342. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £446. You should be generally be expecting around average £355 rent per month for single bedroom property, £434 for 2 bedroom, £538 for 3 bedroom, £675 for 4 bedroom and approximately £793 for a 5 bedroom property in Melrose Way, Oakerthorpe, Alfreton, DE55 area.

Popular Houses in Melrose Way, Oakerthorpe, Alfreton, DE55

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 Melrose Way, Oakerthorpe, Alfreton, DE55