Spring Lane, Lees, Oldham, OL4

Street Guide For Spring Lane, Lees, Oldham, OL4

 
 

Spring Lane, Lees, Oldham, OL4 Map

Estimated Price: £136,503
Average Asking Price: £146,422
Price change in last one year: £4,907
Average Price Paid: £113,036
Average Rent Rates: £650

Aadams Estate Agents
Aadam House, 394 Lees Road, Oldham, OL4 5EP

Free House valuation

 

Property Prices Breakdown in Spring Lane, Lees, Oldham, OL4

Average Price for property in Spring Lane, Lees, Oldham, OL4 is around £136,503 which varies based on type of property you are interested in and ranges from £196,315 for detached house to around £130,539 for semi-detached. Similarly terraced house is around £128,661. Values have been changing and have risen £41 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £961 in last 6 months, £4,907 in last 1 year, £13,377 in last 2 years, £14,784 in last 3 years, £9,055 in last 4 years and £5,221 in last 5 years.

Currently average asking price of a property in Spring Lane, Lees, Oldham, OL4 is around £146,422 based on approximately 2 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £650 per month.

Estimated property value in Spring Lane, Lees, Oldham, OL4 is £136,503. Average asking price is £146,422 while average price paid is £109,000 which is up by £4,907 and Avg. asking rent £650.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 Spring Lane, Lees, Oldham, OL4 area. In last 1 year alone average price buyer paid is around £109,000 based on approximately 2 sales in Spring Lane, Lees, Oldham, OL4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £106,000. 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 £113,036 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £121,465 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 £94,998, £84,791 for a 2 bedroom house, £146,089 for a 3 bedroom house, £260,084 for a 4 bedroom house and £386,789 for a 5 bedroom house. For a flat similarly the prices varies from £87,500 for a single bedroom to £242,989 for a 2 bedroom Flat. To sum up the asking prices for properties in Spring Lane, Lees, Oldham, OL4 it comes to around average £92,498 for 1 bedroom property, £91,853 for 2 bedroom, £146,089 for 3 bedroom, £260,084 for 4 bedroom and £386,789 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 £477 for 1 bedroom to £456 for 2 bedroom and £551 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £693. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £472. You should be generally be expecting around average £549 rent per month for single bedroom property, £457 for 2 bedroom and approximately £551 for 3 bedroom property in Spring Lane, Lees, Oldham, OL4 area.

Popular Houses in Spring Lane, Lees, Oldham, OL4

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 Spring Lane, Lees, Oldham, OL4