Oakham Drive, Lydd, Romney Marsh, TN29

Street Guide For Oakham Drive, Lydd, Romney Marsh, TN29

 

Oakham Drive, Lydd, Romney Marsh, TN29 Map

Estimated Price: £202,634
Average Asking Price: £262,830
Price change in last one year: £17,140
Average Price Paid: £161,900
Average Rent Rates: £1,155

 

Property Prices Breakdown in Oakham Drive, Lydd, Romney Marsh, TN29

Average Price for property in Oakham Drive, Lydd, Romney Marsh, TN29 is around £202,634 which varies based on type of property you are interested in and ranges from £237,628 for detached house to around £205,258 for semi-detached. Similarly terraced house is around £192,102. Values have been changing and have risen £1,385 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,767 in last 6 months, £17,140 in last 1 year, £22,945 in last 2 years, £28,496 in last 3 years, £26,159 in last 4 years and £23,850 in last 5 years.

Currently average asking price of a property in Oakham Drive, Lydd, Romney Marsh, TN29 is around £262,830 based on approximately 3 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,155 per month.

Estimated property value in Oakham Drive, Lydd, Romney Marsh, TN29 is £202,634. Average asking price is £262,830 while average price paid is £164,666 which is up by £17,140 and Avg. asking rent £1,155.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 Oakham Drive, Lydd, Romney Marsh, TN29 area. In last 1 year alone average price buyer paid is around £164,666 based on approximately 3 sales in Oakham Drive, Lydd, Romney Marsh, TN29 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £152,750. 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 £161,900 for 15 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £164,247 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 £141,312, £212,258 for a 3 bedroom house, £298,494 for a 4 bedroom house and £475,384 for a 5 bedroom house. For a flat the prices of single bedroom is £92,500. To sum up the asking prices for properties in Oakham Drive, Lydd, Romney Marsh, TN29 it comes to around average £92,500 for 1 bedroom property, £141,312 for 2 bedroom, £212,258 for 3 bedroom, £298,494 for 4 bedroom and £475,384 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 £832 for 2 bedroom to £975 for 3 bedroom. You should be generally be expecting around average £832 rent per month for 2 bedroom property and approximately £975 for 3 bedroom property in Oakham Drive, Lydd, Romney Marsh, TN29 area.

Popular Houses in Oakham Drive, Lydd, Romney Marsh, TN29

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 Oakham Drive, Lydd, Romney Marsh, TN29