Ravens Wood, Bolton, BL1

Street Guide For Ravens Wood, Bolton, BL1

 

Ravens Wood, Bolton, BL1 Map

Estimated Price: £479,271
Average Asking Price: £187,838
Price change in last one year: £16,595
Average Price Paid: £389,000
Average Rent Rates: £709

 

Property Prices Breakdown in Ravens Wood, Bolton, BL1

Average Price for property in Ravens Wood, Bolton, BL1 is around £479,271 e.g. average price for detached house is around 488,367. Values have been changing and have risen £1,751 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,635 in last 6 months, £16,595 in last 1 year, £23,072 in last 2 years, £39,651 in last 3 years, £25,813 in last 4 years and £17,386 in last 5 years.

Currently average asking price of a property in Ravens Wood, Bolton, BL1 is around £187,838 based on approximately 1 properties for sale. Same is the case with rental options based on 233 properties up for rent, average asking rent is around £709 per month.

Estimated property value in Ravens Wood, Bolton, BL1 is £479,271. Average asking price is £187,838 while average price paid is £300,000 which is up by £16,595 and Avg. asking rent £709.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 Ravens Wood, Bolton, BL1 area. In last 1 year alone average price buyer paid is around £300,000 based on approximately 1 sales in Ravens Wood, Bolton, BL1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £372,500. 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 £389,000 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £389,000 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 £117,679, £91,512 for a 2 bedroom house, £157,545 for a 3 bedroom house, £296,105 for a 4 bedroom house and £434,050 for a 5 bedroom house. For a flat similarly the prices varies from £65,855 for a single bedroom to £102,223 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £177,481. To sum up the asking prices for properties in Ravens Wood, Bolton, BL1 it comes to around average £73,052 for 1 bedroom property, £94,299 for 2 bedroom, £158,298 for 3 bedroom, £296,105 for 4 bedroom and £434,050 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 £303 for 1 bedroom to £439 for 2 bedrooms, £528 for 3 bedrooms, £750 for 4 bedrooms and £1,482 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £413. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £479. You should be generally be expecting around average £410 rent per month for single bedroom property, £454 for 2 bedroom, £528 for 3 bedroom, £750 for 4 bedroom and approximately £1,482 for a 5 bedroom property in Ravens Wood, Bolton, BL1 area.

Popular Houses in Ravens Wood, Bolton, BL1

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 Ravens Wood, Bolton, BL1