Oakfield Road, North Ormesby, Middlesbrough, TS3

Street Guide For Oakfield Road, North Ormesby, Middlesbrough, TS3

 

Oakfield Road, North Ormesby, Middlesbrough, TS3 Map

Estimated Price: £103,761
Average Asking Price: £80,222
Price change in last one year: £2,645
Average Price Paid: £64,166
Average Rent Rates: £790

 

Property Prices Breakdown in Oakfield Road, North Ormesby, Middlesbrough, TS3

Average Price for property in Oakfield Road, North Ormesby, Middlesbrough, TS3 is around £103,761 which varies based on type of property you are interested in and ranges from £149,094 for detached house to around £117,959 for semi-detached. Similarly flat is around £56,937. Values have been changing and have risen £507 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £210 in last 6 months, £2,645 in last 1 year, £4,397 in last 2 years, £2,437 in last 3 years, £3,596 in last 4 years and £1,844 in last 5 years.

Currently average asking price of a property in Oakfield Road, North Ormesby, Middlesbrough, TS3 is around £80,222 based on approximately 1 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £790 per month.

Estimated property value in Oakfield Road, North Ormesby, Middlesbrough, TS3 is £103,761. Average asking price is £80,222 while average price paid is £80,000 which is up by £2,645 and Avg. asking rent £790.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 Oakfield Road, North Ormesby, Middlesbrough, TS3 area. In last 1 year alone average price buyer paid is around £80,000 based on approximately 1 sales in Oakfield Road, North Ormesby, Middlesbrough, TS3 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £80,000. 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 £64,166 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £64,166 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 2 bedroom is around £74,549, £74,597 for a 3 bedroom house, £87,498 for a 4 bedroom house and £134,983 for a 5 bedroom house. For a flat similarly the prices varies from £70,000 for a single bedroom to £45,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Oakfield Road, North Ormesby, Middlesbrough, TS3 it comes to around average £70,000 for 1 bedroom property, £73,206 for 2 bedroom, £74,597 for 3 bedroom, £87,498 for 4 bedroom and £134,983 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 £440 for 2 bedroom to £447 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £594. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £498. You should be generally be expecting around average £491 rent per month for 2 bedroom property and approximately £449 for 3 bedroom property in Oakfield Road, North Ormesby, Middlesbrough, TS3 area.

Popular Houses in Oakfield Road, North Ormesby, Middlesbrough, TS3

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 Oakfield Road, North Ormesby, Middlesbrough, TS3