Somerton, Bicester, OX25

Street Guide For Somerton, Bicester, OX25

 

Somerton, Bicester, OX25 Map

Estimated Price: £555,083
Average Asking Price: £426,639
Price change in last one year: £51,596
Average Price Paid: £398,325
Average Rent Rates: £1,379

 

Property Prices Breakdown in Somerton, Bicester, OX25

Average Price for property in Somerton, Bicester, OX25 is around £555,083 which varies based on type of property you are interested in and ranges from £625,841 for detached house to around £442,286 for semi-detached. Similarly terraced house is around £465,179. Values have been changing and have risen £7,064 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,153 in last 6 months, £51,596 in last 1 year, £69,132 in last 2 years, £86,254 in last 3 years, £74,160 in last 4 years and £89,579 in last 5 years.

Currently average asking price of a property in Somerton, Bicester, OX25 is around £426,639 based on approximately 2 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £1,379 per month.

Estimated property value in Somerton, Bicester, OX25 is £555,083. Average asking price is £426,639 while average price paid is £314,975 which is up by £51,596 and Avg. asking rent £1,379.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 Somerton, Bicester, OX25 area. In last 1 year alone average price buyer paid is around £314,975 based on approximately 2 sales in Somerton, Bicester, OX25 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £406,237. 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 £398,325 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £404,681 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 2 bedroom is around £227,614, £296,339 for a 3 bedroom house, £538,998 for a 4 bedroom house and £686,554 for a 5 bedroom house. For a flat similarly the prices varies from £222,475 for a single bedroom to £217,333 for a 2 bedroom Flat. To sum up the asking prices for properties in Somerton, Bicester, OX25 it comes to around average £222,475 for 1 bedroom property, £226,145 for 2 bedroom, £296,339 for 3 bedroom, £538,998 for 4 bedroom and £686,554 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 £1,003 for 2 bedroom to £1,450 for 3 bedroom and £1,737 for 4 bedroom. You should be generally be expecting around average £1,003 rent per month for 2 bedroom property, £1,450 for 3 bedroom and approximately £1,736 for 4 bedroom property in Somerton, Bicester, OX25 area.

Popular Houses in Somerton, Bicester, OX25

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 Somerton, Bicester, OX25