Oakfield Terrace, Greenock, PA15

Street Guide For Oakfield Terrace, Greenock, PA15

 

Oakfield Terrace, Greenock, PA15 Map

Estimated Price: £206,436
Average Asking Price: £71,802
Price change in last one year: £7,689
Average Price Paid: £195,000
Average Rent Rates: £597

 

Property Prices Breakdown in Oakfield Terrace, Greenock, PA15

Average Price for property in Oakfield Terrace, Greenock, PA15 is around £206,436 which varies based on type of property you are interested in and ranges from £253,182 for detached house to around £174,730 for semi-detached. Values have been changing and have risen £982 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,597 in last 6 months, £7,689 in last 1 year, £18,451 in last 2 years, £7,473 in last 3 years, £14,767 in last 4 years and £8,780 in last 5 years.

Currently average asking price of a property in Oakfield Terrace, Greenock, PA15 is around £71,802 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £597 per month.

Estimated property value in Oakfield Terrace, Greenock, PA15 is £206,436. Average asking price is £71,802 while average price paid is £230,000 which is up by £7,689 and Avg. asking rent £597.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 Terrace, Greenock, PA15 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 1 sales in Oakfield Terrace, Greenock, PA15 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £230,000. 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 £195,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £188,333 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 £89,135, £94,000 for a 3 bedroom house, £163,748 for a 4 bedroom house and £243,995 for a 5 bedroom house. For a flat similarly the prices varies from £44,854 for a single bedroom to £61,922 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £76,073, £108,500 for a 4 bedroom flat and £139,998 for a 5 bedroom flat. To sum up the asking prices for properties in Oakfield Terrace, Greenock, PA15 it comes to around average £44,854 for 1 bedroom property, £66,390 for 2 bedroom, £79,434 for 3 bedroom, £145,332 for 4 bedroom and £174,663 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 £351 for 1 bedroom to £537 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £413. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £684 and £650 for 3 bedroom. You should be generally be expecting around average £398 rent per month for single bedroom property, £660 for 2 bedroom and approximately £650 for 3 bedroom property in Oakfield Terrace, Greenock, PA15 area.

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 Terrace, Greenock, PA15