Merton Avenue, Oldham, OL8

Street Guide For Merton Avenue, Oldham, OL8

 
 

Merton Avenue, Oldham, OL8 Map

Estimated Price: £118,935
Average Asking Price: £109,605
Price change in last one year: £6,171
Average Price Paid: £105,500
Average Rent Rates: £491

BBP Estates
65 Canning Street, BURY , Greater Manchester BL9 5

Free House valuation

 

Property Prices Breakdown in Merton Avenue, Oldham, OL8

Average Price for property in Merton Avenue, Oldham, OL8 is around £118,935 which varies based on type of property you are interested in and ranges from £310,823 for detached house to around £145,477 for semi-detached. Similarly terraced house is around £99,052. Values have been changing and have risen £649 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,436 in last 6 months, £6,171 in last 1 year, £12,564 in last 2 years, £12,809 in last 3 years, £8,865 in last 4 years and £5,310 in last 5 years.

Currently average asking price of a property in Merton Avenue, Oldham, OL8 is around £109,605 based on approximately 0 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 Merton Avenue, Oldham, OL8 is £118,935. Average asking price is £109,605 while average price paid is £36,000 which is up by £12,809 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 Merton Avenue, Oldham, OL8 area. In last 3 years alone average price buyer paid is around £36,000 based on approximately 1 sales in Merton Avenue, Oldham, OL8 area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £105,500. 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 £128,772 for 11 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 £109,950, £85,650 for a 2 bedroom house, £104,253 for a 3 bedroom house, £177,728 for a 4 bedroom house and £158,100 for a 5 bedroom house. For a flat the prices of single bedroom is £60,000. To sum up the asking prices for properties in Merton Avenue, Oldham, OL8 it comes to around average £84,975 for 1 bedroom property, £85,650 for 2 bedroom, £104,253 for 3 bedroom, £177,728 for 4 bedroom and £158,100 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 £470 for 1 bedroom to £433 for 2 bedroom, £509 for 3 bedroom and £576 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £365. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £451 and £390 for 3 bedroom. You should be generally be expecting around average £407 rent per month for single bedroom property, £434 for 2 bedroom, £500 for 3 bedroom and approximately £576 for 4 bedroom property in Merton Avenue, Oldham, OL8 area.

Popular Houses in Merton Avenue, Oldham, OL8

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 Merton Avenue, Oldham, OL8