Severn Close, Oakham, LE15

Street Guide For Severn Close, Oakham, LE15

 

Severn Close, Oakham, LE15 Map

Estimated Price: £186,033
Average Asking Price: £318,967
Price change in last one year: £11,630
Average Price Paid: £145,000
Average Rent Rates: £716

 

Property Prices Breakdown in Severn Close, Oakham, LE15

Average Price for property in Severn Close, Oakham, LE15 is around £186,033 e.g. average price for semi-detached is around 186,033. Values have been changing and have risen £606 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,106 in last 6 months, £11,630 in last 1 year, £20,247 in last 2 years, £19,408 in last 3 years, £20,213 in last 4 years and £18,427 in last 5 years.

Currently average asking price of a property in Severn Close, Oakham, LE15 is around £318,967 based on approximately 0 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £716 per month.

Estimated property value in Severn Close, Oakham, LE15 is £186,033. Average asking price is £318,967 while average price paid is £145,000 which is up by £19,408 and Avg. asking rent £716.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 Severn Close, Oakham, LE15 area. In last 3 years alone average price buyer paid is around £145,000 based on approximately 1 sales in Severn Close, Oakham, LE15 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £145,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £152,500 for 2 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 £152,486, £172,243 for a 2 bedroom house, £257,752 for a 3 bedroom house, £370,650 for a 4 bedroom house and £551,193 for a 5 bedroom house. For a flat similarly the prices varies from £116,061 for a single bedroom to £110,117 for a 2 bedroom Flat. To sum up the asking prices for properties in Severn Close, Oakham, LE15 it comes to around average £129,307 for 1 bedroom property, £151,534 for 2 bedroom, £257,752 for 3 bedroom, £370,650 for 4 bedroom and £551,193 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 £416 for 1 bedroom to £643 for 2 bedrooms, £775 for 3 bedrooms, £1,096 for 4 bedrooms and £2,249 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £470. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £536. You should be generally be expecting around average £464 rent per month for single bedroom property, £594 for 2 bedroom, £775 for 3 bedroom, £1,096 for 4 bedroom and approximately £2,249 for a 5 bedroom property in Severn Close, Oakham, LE15 area.

Popular Houses in Severn Close, Oakham, LE15

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 Severn Close, Oakham, LE15