Otters Reach, Kennington, Oxford, OX1

Street Guide For Otters Reach, Kennington, Oxford, OX1

 

Otters Reach, Kennington, Oxford, OX1 Map

Estimated Price: £286,530
Average Asking Price: £661,320
Price change in last one year: £24,069
Average Price Paid: £228,283
Average Rent Rates: £2,015

 

Property Prices Breakdown in Otters Reach, Kennington, Oxford, OX1

Average Price for property in Otters Reach, Kennington, Oxford, OX1 is around £286,530 which varies based on type of property you are interested in and ranges from £515,453 for detached house to around £302,057 for semi-detached. Similarly terraced house is around £260,751. Values have been changing and have risen £2,881 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,406 in last 6 months, £24,069 in last 1 year, £32,045 in last 2 years, £44,354 in last 3 years, £40,180 in last 4 years and £44,593 in last 5 years.

Currently average asking price of a property in Otters Reach, Kennington, Oxford, OX1 is around £661,320 based on approximately 4 properties for sale. Same is the case with rental options based on 166 properties up for rent, average asking rent is around £2,015 per month.

Estimated property value in Otters Reach, Kennington, Oxford, OX1 is £286,530. Average asking price is £661,320 while average price paid is £259,487 which is up by £24,069 and Avg. asking rent £2,015.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 Otters Reach, Kennington, Oxford, OX1 area. In last 1 year alone average price buyer paid is around £259,487 based on approximately 4 sales in Otters Reach, Kennington, Oxford, OX1 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £226,450. 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 £228,283 for 21 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £225,158 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 £128,750, £359,245 for a 2 bedroom house, £375,680 for a 3 bedroom house, £626,462 for a 4 bedroom house and £1,445,905 for a 5 bedroom house. For a flat similarly the prices varies from £271,667 for a single bedroom to £398,333 for a 2 bedroom Flat. To sum up the asking prices for properties in Otters Reach, Kennington, Oxford, OX1 it comes to around average £214,500 for 1 bedroom property, £377,761 for 2 bedroom, £375,680 for 3 bedroom, £626,462 for 4 bedroom and £1,445,905 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 £1,637 for 1 bedroom to £2,054 for 2 bedrooms, £1,546 for 3 bedrooms, £1,969 for 4 bedrooms and £2,103 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,453. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,018, £1,903 for 3 bedroom, £2,318 for 4 bedroom and around £2,899 for 5 bedroom flat. You should be generally be expecting around average £1,482 rent per month for single bedroom property, £2,026 for 2 bedroom, £1,757 for 3 bedroom, £1,998 for 4 bedroom and approximately £2,182 for a 5 bedroom property in Otters Reach, Kennington, Oxford, OX1 area.

Popular Houses in Otters Reach, Kennington, Oxford, OX1

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 Otters Reach, Kennington, Oxford, OX1