Oldham Road, Newton Heath, Manchester, M40

Street Guide For Oldham Road, Newton Heath, Manchester, M40

 

Oldham Road, Newton Heath, Manchester, M40 Map

Estimated Price: £97,084
Average Asking Price: £111,757
Price change in last one year: £4,681
Average Price Paid: £95,758
Average Rent Rates: £605

 

Property Prices Breakdown in Oldham Road, Newton Heath, Manchester, M40

Average Price for property in Oldham Road, Newton Heath, Manchester, M40 is around £97,084 which varies based on type of property you are interested in and ranges from £338,513 for detached house to around £89,419 for semi-detached. Similarly terraced house is around £78,882. Values have been changing and have risen £385 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,138 in last 6 months, £4,681 in last 1 year, £6,989 in last 2 years, £8,776 in last 3 years, £7,863 in last 4 years and £7,368 in last 5 years.

Currently average asking price of a property in Oldham Road, Newton Heath, Manchester, M40 is around £111,757 based on approximately 1 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £605 per month.

Estimated property value in Oldham Road, Newton Heath, Manchester, M40 is £97,084. Average asking price is £111,757 while average price paid is £62,500 which is up by £4,681 and Avg. asking rent £605.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 Road, Newton Heath, Manchester, M40 area. In last 1 year alone average price buyer paid is around £62,500 based on approximately 1 sales in Oldham Road, Newton Heath, Manchester, M40 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £124,111. 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 £95,758 for 15 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £94,648 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 £107,996, £90,080 for a 2 bedroom house, £120,775 for a 3 bedroom house, £144,413 for a 4 bedroom house and £185,000 for a 5 bedroom house. For a flat similarly the prices varies from £71,617 for a single bedroom to £86,289 for a 2 bedroom Flat. To sum up the asking prices for properties in Oldham Road, Newton Heath, Manchester, M40 it comes to around average £80,712 for 1 bedroom property, £89,468 for 2 bedroom, £120,775 for 3 bedroom, £144,413 for 4 bedroom and £185,000 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 £481 for 2 bedroom to £625 for 3 bedroom and £901 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £493. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £512 and £624 for 3 bedroom. You should be generally be expecting around average £493 rent per month for single bedroom property, £489 for 2 bedroom, £625 for 3 bedroom and approximately £901 for 4 bedroom property in Oldham Road, Newton Heath, Manchester, M40 area.

Popular Houses in Oldham Road, Newton Heath, Manchester, M40

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 Road, Newton Heath, Manchester, M40