Otterwood Bank, York, YO24

Street Guide For Otterwood Bank, York, YO24

 

Otterwood Bank, York, YO24 Map

Estimated Price: £202,997
Average Asking Price: £310,438
Price change in last one year: £6,348
Average Price Paid: £180,625
Average Rent Rates: £893

 

Property Prices Breakdown in Otterwood Bank, York, YO24

Average Price for property in Otterwood Bank, York, YO24 is around £202,997 e.g. average price for detached house is around 202,997. Values have been changing and have risen £483 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,612 in last 6 months, £6,348 in last 1 year, £17,788 in last 2 years, £17,041 in last 3 years, £18,607 in last 4 years and £15,366 in last 5 years.

Currently average asking price of a property in Otterwood Bank, York, YO24 is around £310,438 based on approximately 1 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £893 per month.

Estimated property value in Otterwood Bank, York, YO24 is £202,997. Average asking price is £310,438 while average price paid is £200,500 which is up by £6,348 and Avg. asking rent £893.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 Otterwood Bank, York, YO24 area. In last 1 year alone average price buyer paid is around £200,500 based on approximately 1 sales in Otterwood Bank, York, YO24 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £180,625. 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 £180,625 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £180,625 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 £125,000, £166,568 for a 2 bedroom house, £236,986 for a 3 bedroom house, £335,295 for a 4 bedroom house and £486,238 for a 5 bedroom house. For a flat similarly the prices varies from £113,099 for a single bedroom to £152,945 for a 2 bedroom Flat. To sum up the asking prices for properties in Otterwood Bank, York, YO24 it comes to around average £115,082 for 1 bedroom property, £160,081 for 2 bedroom, £236,986 for 3 bedroom, £335,295 for 4 bedroom and £486,238 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 £394 for 1 bedroom to £683 for 2 bedroom, £1,310 for 3 bedroom and £1,950 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £614. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £727. You should be generally be expecting around average £526 rent per month for single bedroom property, £717 for 2 bedroom, £1,310 for 3 bedroom and approximately £1,950 for 4 bedroom property in Otterwood Bank, York, YO24 area.

Popular Houses in Otterwood Bank, York, YO24

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 Otterwood Bank, York, YO24