Otter Road, Abbeymead, Gloucester, GL4

Street Guide For Otter Road, Abbeymead, Gloucester, GL4

 

Otter Road, Abbeymead, Gloucester, GL4 Map

Estimated Price: £235,625
Average Asking Price: £263,709
Price change in last one year: £22,182
Average Price Paid: £205,600
Average Rent Rates: £727

 

Property Prices Breakdown in Otter Road, Abbeymead, Gloucester, GL4

Average Price for property in Otter Road, Abbeymead, Gloucester, GL4 is around £235,625 which varies based on type of property you are interested in and ranges from £253,660 for detached house to around £192,129 for semi-detached. Similarly terraced house is around £157,113. Values have been changing and have risen £2,962 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,700 in last 6 months, £22,182 in last 1 year, £29,091 in last 2 years, £32,315 in last 3 years, £29,581 in last 4 years and £28,908 in last 5 years.

Currently average asking price of a property in Otter Road, Abbeymead, Gloucester, GL4 is around £263,709 based on approximately 1 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £727 per month.

Estimated property value in Otter Road, Abbeymead, Gloucester, GL4 is £235,625. Average asking price is £263,709 while average price paid is £250,000 which is up by £22,182 and Avg. asking rent £727.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 Otter Road, Abbeymead, Gloucester, GL4 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Otter Road, Abbeymead, Gloucester, GL4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £207,750. 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 £205,600 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £198,661 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 £104,499, £144,506 for a 2 bedroom house, £211,399 for a 3 bedroom house, £318,581 for a 4 bedroom house and £445,653 for a 5 bedroom house. For a flat similarly the prices varies from £88,315 for a single bedroom to £109,044 for a 2 bedroom Flat. To sum up the asking prices for properties in Otter Road, Abbeymead, Gloucester, GL4 it comes to around average £98,430 for 1 bedroom property, £133,424 for 2 bedroom, £211,399 for 3 bedroom, £318,581 for 4 bedroom and £445,653 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 £443 for 1 bedroom to £653 for 2 bedrooms, £783 for 3 bedrooms, £991 for 4 bedrooms and £1,722 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £524. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £584. You should be generally be expecting around average £455 rent per month for single bedroom property, £612 for 2 bedroom, £783 for 3 bedroom, £991 for 4 bedroom and approximately £1,722 for a 5 bedroom property in Otter Road, Abbeymead, Gloucester, GL4 area.

Popular Houses in Otter Road, Abbeymead, Gloucester, GL4

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 Otter Road, Abbeymead, Gloucester, GL4