Merewood Avenue, Headington, Oxford, OX3

Street Guide For Merewood Avenue, Headington, Oxford, OX3

 

Merewood Avenue, Headington, Oxford, OX3 Map

Estimated Price: £345,765
Average Asking Price: £462,963
Price change in last one year: £30,011
Average Price Paid: £266,028
Average Rent Rates: £1,678

 

Property Prices Breakdown in Merewood Avenue, Headington, Oxford, OX3

Average Price for property in Merewood Avenue, Headington, Oxford, OX3 is around £345,765 which varies based on type of property you are interested in and ranges from £472,245 for detached house to around £351,937 for semi-detached. Similarly terraced house is around £294,143 and a flat is worth £223,322. Values have been changing and have risen £3,418 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,262 in last 6 months, £30,011 in last 1 year, £43,232 in last 2 years, £55,447 in last 3 years, £50,907 in last 4 years and £54,381 in last 5 years.

Currently average asking price of a property in Merewood Avenue, Headington, Oxford, OX3 is around £462,963 based on approximately 3 properties for sale. Same is the case with rental options based on 307 properties up for rent, average asking rent is around £1,678 per month.

Estimated property value in Merewood Avenue, Headington, Oxford, OX3 is £345,765. Average asking price is £462,963 while average price paid is £251,650 which is up by £30,011 and Avg. asking rent £1,678.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 Merewood Avenue, Headington, Oxford, OX3 area. In last 1 year alone average price buyer paid is around £251,650 based on approximately 3 sales in Merewood Avenue, Headington, Oxford, OX3 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £268,246. 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 £266,028 for 16 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £257,618 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 £190,000, £338,921 for a 2 bedroom house, £385,093 for a 3 bedroom house, £662,723 for a 4 bedroom house and £723,684 for a 5 bedroom house. For a flat similarly the prices varies from £190,045 for a single bedroom to £265,383 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £468,333 and £265,000 for a 4 bedroom flat. To sum up the asking prices for properties in Merewood Avenue, Headington, Oxford, OX3 it comes to around average £190,036 for 1 bedroom property, £291,121 for 2 bedroom, £387,964 for 3 bedroom, £645,430 for 4 bedroom and £723,684 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 £642 for 1 bedroom to £1,231 for 2 bedrooms, £1,363 for 3 bedrooms, £1,710 for 4 bedrooms and £2,201 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,054. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,262, £1,570 for 3 bedroom, £1,912 for 4 bedroom and around £2,002 for 5 bedroom flat. You should be generally be expecting around average £885 rent per month for single bedroom property, £1,253 for 2 bedroom, £1,397 for 3 bedroom, £1,722 for 4 bedroom and approximately £2,196 for a 5 bedroom property in Merewood Avenue, Headington, Oxford, OX3 area.

Popular Houses in Merewood Avenue, Headington, Oxford, OX3

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 Merewood Avenue, Headington, Oxford, OX3