The Park, Cumnor, Oxford, OX2

Street Guide For The Park, Cumnor, Oxford, OX2

 

The Park, Cumnor, Oxford, OX2 Map

Estimated Price: £454,836
Average Asking Price: £720,837
Price change in last one year: £47,836
Average Price Paid: £337,400
Average Rent Rates: £2,259

 

Property Prices Breakdown in The Park, Cumnor, Oxford, OX2

Average Price for property in The Park, Cumnor, Oxford, OX2 is around £454,836 which varies based on type of property you are interested in and ranges from £494,641 for detached house to around £370,452 for semi-detached. Similarly terraced house is around £314,713. Values have been changing and have risen £4,307 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,563 in last 6 months, £47,836 in last 1 year, £59,073 in last 2 years, £77,738 in last 3 years, £60,608 in last 4 years and £80,231 in last 5 years.

Currently average asking price of a property in The Park, Cumnor, Oxford, OX2 is around £720,837 based on approximately 1 properties for sale. Same is the case with rental options based on 200 properties up for rent, average asking rent is around £2,259 per month.

Estimated property value in The Park, Cumnor, Oxford, OX2 is £454,836. Average asking price is £720,837 while average price paid is £332,000 which is up by £47,836 and Avg. asking rent £2,259.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 The Park, Cumnor, Oxford, OX2 area. In last 1 year alone average price buyer paid is around £332,000 based on approximately 1 sales in The Park, Cumnor, Oxford, OX2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £353,000. 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 £337,400 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £328,666 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 £442,181, £460,534 for a 3 bedroom house, £637,098 for a 4 bedroom house and £1,169,714 for a 5 bedroom house. For a flat similarly the prices varies from £165,242 for a single bedroom to £356,908 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £896,667 and £850,000 for a 4 bedroom flat. To sum up the asking prices for properties in The Park, Cumnor, Oxford, OX2 it comes to around average £165,242 for 1 bedroom property, £391,018 for 2 bedroom, £505,651 for 3 bedroom, £642,050 for 4 bedroom and £1,169,714 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 £609 for 1 bedroom to £2,243 for 2 bedrooms, £1,899 for 3 bedrooms, £3,472 for 4 bedrooms and £4,737 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,629. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,047, £2,755 for 3 bedroom, £2,166 for 4 bedroom and around £2,301 for 5 bedroom flat. You should be generally be expecting around average £1,466 rent per month for single bedroom property, £2,081 for 2 bedroom, £2,075 for 3 bedroom, £3,309 for 4 bedroom and approximately £4,494 for a 5 bedroom property in The Park, Cumnor, Oxford, OX2 area.

Popular Houses in The Park, Cumnor, Oxford, OX2

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 The Park, Cumnor, Oxford, OX2