Oswestry

Area Guide For Oswestry

Oswestry is a town and civil parish in Shropshire, England, close to the Welsh border. It is at the junction of the A5, A483, and A495 roads. The town was the administrative headquarters of the Borough of Oswestry until it was abolished on 1 April 2009 and is the third largest town in Shropshire, following Telford and Shrewsbury. The 2001 Census recorded the population of the civil parish as 15,613, the urban area as 16,660, and a 2008 estimate suggested that the latter figure had grown to 17,116. The town, located just five miles from the Anglo-Welsh border, is known for its mixed Welsh and English heritage, and is the home of the Shropshire libraries' Welsh Collection. The area has long been settled. Old Oswestry is the site of a large Iron Age hill fort with evidence of occupation dating back to the 550s BC. The Battle of Maserfield is thought to have been fought here in 642, between the Anglo-Saxon kings Penda and Oswald. Oswald was killed in this battle and was dismembered according to a legend, one of his arms was carried to an ash tree by a bird, an eagle, and miracles were subsequently attributed to the tree (as Oswald was considered a saint). Thus it is

 
 

Oswestry Map

Estimated Price: £194,163
Average Asking Price: £247,556
Price change in last one year: £9,098
Average Price Paid: £173,298
Average Rent Rates: £823

 
 

Property Prices Breakdown in Oswestry

Average Price for property in Oswestry is around £194,163 which varies based on type of property you are interested in and ranges from £259,312 for detached house to around £143,630 for semi-detached. Similarly terraced house is around £126,636 and a flat is worth £105,461. Values have been changing and have risen £944 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,928 in last 6 months, £9,098 in last 1 year, £16,889 in last 2 years, £17,534 in last 3 years, £14,757 in last 4 years and £15,553 in last 5 years.

Currently average asking price of a property in Oswestry is around £247,556 based on approximately 470 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £823 per month.

Estimated property value in Oswestry is £194,163. Average asking price is £247,556 while average price paid is £172,534 which is up by £9,098 and Avg. asking rent £823.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 Oswestry area. In last 1 year alone average price buyer paid is around £172,534 based on approximately 470 sales in Oswestry area alone. If you compare it to last 3 years sales of 1,370 properties where buyers paid around £171,131. 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 £173,298 for 2,219 and average amount paid for purchase of approx. 3,028 properties sold in last 7 years comes to about £175,057 per sale.

 
 

Properties For Sale in Oswestry

 
 

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 £85,870, £133,759 for a 2 bedroom house, £197,510 for a 3 bedroom house, £324,027 for a 4 bedroom house and £406,425 for a 5 bedroom house. For a flat similarly the prices varies from £77,482 for a single bedroom to £108,729 for a 2 bedroom Flat. To sum up the asking prices for properties in Oswestry it comes to around average £82,724 for 1 bedroom property, £129,208 for 2 bedroom, £197,510 for 3 bedroom, £324,027 for 4 bedroom and £406,425 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 £425 for 1 bedroom to £477 for 2 bedrooms, £652 for 3 bedrooms, £724 for 4 bedrooms and £1,075 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £368. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £449 and £600 for 3 bedroom. You should be generally be expecting around average £378 rent per month for single bedroom property, £463 for 2 bedroom, £644 for 3 bedroom, £724 for 4 bedroom and approximately £1,074 for a 5 bedroom property in Oswestry area.

Popular Houses in Oswestry

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.

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