Orchid Drive, Bath, BA2

Street Guide For Orchid Drive, Bath, BA2

 

Orchid Drive, Bath, BA2 Map

Estimated Price: £301,280
Average Asking Price: £536,568
Price change in last one year: £20,437
Average Price Paid: £226,843
Average Rent Rates: £1,506

 

Property Prices Breakdown in Orchid Drive, Bath, BA2

Average Price for property in Orchid Drive, Bath, BA2 is around £301,280 which varies based on type of property you are interested in and ranges from £431,885 for detached house to around £313,981 for semi-detached. Similarly terraced house is around £287,854 and a flat is worth £194,442. Values have been changing and have risen £1,080 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,525 in last 6 months, £20,437 in last 1 year, £30,741 in last 2 years, £34,851 in last 3 years, £39,365 in last 4 years and £39,670 in last 5 years.

Currently average asking price of a property in Orchid Drive, Bath, BA2 is around £536,568 based on approximately 4 properties for sale. Same is the case with rental options based on 258 properties up for rent, average asking rent is around £1,506 per month.

Estimated property value in Orchid Drive, Bath, BA2 is £301,280. Average asking price is £536,568 while average price paid is £206,375 which is up by £20,437 and Avg. asking rent £1,506.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 Orchid Drive, Bath, BA2 area. In last 1 year alone average price buyer paid is around £206,375 based on approximately 4 sales in Orchid Drive, Bath, BA2 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £240,888. 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 £226,843 for 16 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £213,149 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 £250,750, £302,629 for a 2 bedroom house, £351,572 for a 3 bedroom house, £614,227 for a 4 bedroom house and £943,232 for a 5 bedroom house. For a flat similarly the prices varies from £227,908 for a single bedroom to £303,198 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £545,000 and £495,000 for a 4 bedroom flat. To sum up the asking prices for properties in Orchid Drive, Bath, BA2 it comes to around average £233,619 for 1 bedroom property, £302,889 for 2 bedroom, £365,555 for 3 bedroom, £612,616 for 4 bedroom and £943,232 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 £873 for 1 bedroom to £1,138 for 2 bedrooms, £1,112 for 3 bedrooms, £1,449 for 4 bedrooms and £1,767 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £756. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £976, £1,407 for 3 bedroom and £1,798 for 5 bedroom. You should be generally be expecting around average £788 rent per month for single bedroom property, £1,043 for 2 bedroom, £1,170 for 3 bedroom, £1,449 for 4 bedroom and approximately £1,768 for a 5 bedroom property in Orchid Drive, Bath, BA2 area.

Popular Houses in Orchid Drive, Bath, BA2

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 Orchid Drive, Bath, BA2