Morrell Avenue, Headington, Oxford, OX4

Street Guide For Morrell Avenue, Headington, Oxford, OX4

 

Morrell Avenue, Headington, Oxford, OX4 Map

Estimated Price: £462,845
Average Asking Price: £348,714
Price change in last one year: £41,090
Average Price Paid: £368,590
Average Rent Rates: £1,817

 

Property Prices Breakdown in Morrell Avenue, Headington, Oxford, OX4

Average Price for property in Morrell Avenue, Headington, Oxford, OX4 is around £462,845 which varies based on type of property you are interested in and ranges from £467,788 for detached house to around £470,109 for semi-detached. Similarly terraced house is around £445,661. Values have been changing and have risen £4,832 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,749 in last 6 months, £41,090 in last 1 year, £54,812 in last 2 years, £70,493 in last 3 years, £64,595 in last 4 years and £74,937 in last 5 years.

Currently average asking price of a property in Morrell Avenue, Headington, Oxford, OX4 is around £348,714 based on approximately 5 properties for sale. Same is the case with rental options based on 630 properties up for rent, average asking rent is around £1,817 per month.

Estimated property value in Morrell Avenue, Headington, Oxford, OX4 is £462,845. Average asking price is £348,714 while average price paid is £460,115 which is up by £41,090 and Avg. asking rent £1,817.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 Morrell Avenue, Headington, Oxford, OX4 area. In last 1 year alone average price buyer paid is around £460,115 based on approximately 5 sales in Morrell Avenue, Headington, Oxford, OX4 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £408,997. 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 £368,590 for 21 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £355,396 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 £322,250, £295,285 for a 2 bedroom house, £352,197 for a 3 bedroom house, £463,780 for a 4 bedroom house and £562,617 for a 5 bedroom house. For a flat similarly the prices varies from £194,476 for a single bedroom to £240,536 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £258,000 and £460,000 for a 4 bedroom flat. To sum up the asking prices for properties in Morrell Avenue, Headington, Oxford, OX4 it comes to around average £201,028 for 1 bedroom property, £262,435 for 2 bedroom, £348,137 for 3 bedroom, £463,675 for 4 bedroom and £562,617 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 £519 for 1 bedroom to £1,594 for 2 bedrooms, £1,486 for 3 bedrooms, £1,771 for 4 bedrooms and £2,280 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,089. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,287, £1,440 for 3 bedroom, £1,789 for 4 bedroom and around £2,185 for 5 bedroom flat. You should be generally be expecting around average £817 rent per month for single bedroom property, £1,384 for 2 bedroom, £1,477 for 3 bedroom, £1,772 for 4 bedroom and approximately £2,276 for a 5 bedroom property in Morrell Avenue, Headington, Oxford, OX4 area.

Popular Houses in Morrell Avenue, Headington, Oxford, OX4

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 Morrell Avenue, Headington, Oxford, OX4