Oldham Rise, Medbourne, Milton Keynes, MK5

Street Guide For Oldham Rise, Medbourne, Milton Keynes, MK5

 
 

Oldham Rise, Medbourne, Milton Keynes, MK5 Map

Estimated Price: £86,142
Average Asking Price: £398,253
Price change in last one year: £7,077
Average Price Paid: £69,000
Average Rent Rates: £1,901

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21 Shenley Pavilions, Chalkdell Drive, Shenley Woo

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Property Prices Breakdown in Oldham Rise, Medbourne, Milton Keynes, MK5

Average Price for property in Oldham Rise, Medbourne, Milton Keynes, MK5 is around £86,142 which varies based on type of property you are interested in and ranges from £107,094 for terraced house to around £84,146 for a flat. Values have been changing and have risen £555 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,588 in last 6 months, £7,077 in last 1 year, £12,296 in last 2 years, £13,539 in last 3 years, £12,090 in last 4 years and £14,201 in last 5 years.

Currently average asking price of a property in Oldham Rise, Medbourne, Milton Keynes, MK5 is around £398,253 based on approximately 2 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,901 per month.

Estimated property value in Oldham Rise, Medbourne, Milton Keynes, MK5 is £86,142. Average asking price is £398,253 while average price paid is £98,000 which is up by £7,077 and Avg. asking rent £1,901.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 Oldham Rise, Medbourne, Milton Keynes, MK5 area. In last 1 year alone average price buyer paid is around £98,000 based on approximately 2 sales in Oldham Rise, Medbourne, Milton Keynes, MK5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £70,285. 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 £69,000 for 14 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £70,175 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 £46,000, £177,999 for a 2 bedroom house, £250,998 for a 3 bedroom house, £373,397 for a 4 bedroom house and £658,125 for a 5 bedroom house. For a flat similarly the prices varies from £46,000 for a single bedroom to £159,781 for a 2 bedroom Flat. To sum up the asking prices for properties in Oldham Rise, Medbourne, Milton Keynes, MK5 it comes to around average £46,000 for 1 bedroom property, £164,575 for 2 bedroom, £250,998 for 3 bedroom, £373,397 for 4 bedroom and £658,125 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 £693 for 1 bedroom to £848 for 2 bedrooms, £1,103 for 3 bedrooms, £1,409 for 4 bedrooms and £1,573 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,226. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £771. You should be generally be expecting around average £1,049 rent per month for single bedroom property, £823 for 2 bedroom, £1,103 for 3 bedroom, £1,409 for 4 bedroom and approximately £1,573 for a 5 bedroom property in Oldham Rise, Medbourne, Milton Keynes, MK5 area.

Popular Houses in Oldham Rise, Medbourne, Milton Keynes, MK5

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 Oldham Rise, Medbourne, Milton Keynes, MK5