Average Price for property in Red Lane, Rochdale, OL12 is around £96,464 which varies based on type of property you are interested in and ranges from £120,897 for semi-detached to around £90,356 for terraced house. Values have been changing and have risen £477 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,818 in last 6 months, £4,275 in last 1 year, £8,719 in last 2 years, £8,464 in last 3 years, £6,000 in last 4 years and £5,052 in last 5 years.
Currently average asking price of a property in Red Lane, Rochdale, OL12 is around £175,265 based on approximately 2 properties for sale. Same is the case with rental options based on 85 properties up for rent, average asking rent is around £545 per month.
Estimated property value in Red Lane, Rochdale, OL12 is £96,464. Average asking price is £175,265 while average price paid is £114,500 which is up by £4,275 and Avg. asking rent £545.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 Red Lane, Rochdale, OL12 area. In last 1 year alone average price buyer paid is around £114,500 based on approximately 2 sales in Red Lane, Rochdale, OL12 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £99,666. 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 £99,666 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £99,666 per sale.