Verne Drive, Oldham, OL1

Street Guide For Verne Drive, Oldham, OL1

 

Verne Drive, Oldham, OL1 Map

Estimated Price: £125,045
Average Asking Price: £143,891
Price change in last one year: £7,640
Average Price Paid: £111,240
Average Rent Rates: £650

 

Property Prices Breakdown in Verne Drive, Oldham, OL1

Average Price for property in Verne Drive, Oldham, OL1 is around £125,045 e.g. average price for semi-detached is around 125,045. Values have been changing and have risen £245 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £881 in last 6 months, £7,640 in last 1 year, £15,066 in last 2 years, £13,177 in last 3 years, £7,288 in last 4 years and £6,284 in last 5 years.

Currently average asking price of a property in Verne Drive, Oldham, OL1 is around £143,891 based on approximately 0 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £650 per month.

Estimated property value in Verne Drive, Oldham, OL1 is £125,045. Average asking price is £143,891 while average price paid is £111,240 which is up by £6,284 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 Verne Drive, Oldham, OL1 area. In last 5 years alone average price buyer paid is around £111,240 based on approximately 2 sales in Verne Drive, Oldham, OL1 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £97,493.

 
 

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 £79,950, £94,584 for a 2 bedroom house, £132,401 for a 3 bedroom house, £184,761 for a 4 bedroom house and £999,950 for a 5 bedroom house. For a flat similarly the prices varies from £193,753 for a single bedroom to £54,975 for a 2 bedroom Flat. To sum up the asking prices for properties in Verne Drive, Oldham, OL1 it comes to around average £117,884 for 1 bedroom property, £92,824 for 2 bedroom, £132,401 for 3 bedroom, £184,761 for 4 bedroom and £999,950 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 £552 for 2 bedroom to £519 for 3 bedroom and £650 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £423. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £481. You should be generally be expecting around average £422 rent per month for single bedroom property, £536 for 2 bedroom, £519 for 3 bedroom and approximately £650 for 4 bedroom property in Verne Drive, Oldham, OL1 area.

Popular Houses in Verne Drive, Oldham, OL1

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 Verne Drive, Oldham, OL1