Weirs Lane, Oxford, OX1

Street Guide For Weirs Lane, Oxford, OX1

 

Weirs Lane, Oxford, OX1 Map

Estimated Price: £248,621
Average Asking Price: £661,320
Price change in last one year: £21,359
Average Price Paid: £226,166
Average Rent Rates: £2,015

 

Property Prices Breakdown in Weirs Lane, Oxford, OX1

Average Price for property in Weirs Lane, Oxford, OX1 is around £248,621 which varies based on type of property you are interested in and ranges from £249,412 for semi-detached to around £248,262 for terraced house. Values have been changing and have risen £2,556 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,796 in last 6 months, £21,359 in last 1 year, £28,438 in last 2 years, £39,362 in last 3 years, £35,658 in last 4 years and £39,574 in last 5 years.

Currently average asking price of a property in Weirs Lane, Oxford, OX1 is around £661,320 based on approximately 2 properties for sale. Same is the case with rental options based on 166 properties up for rent, average asking rent is around £2,015 per month.

Estimated property value in Weirs Lane, Oxford, OX1 is £248,621. Average asking price is £661,320 while average price paid is £272,500 which is up by £21,359 and Avg. asking rent £2,015.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 Weirs Lane, Oxford, OX1 area. In last 1 year alone average price buyer paid is around £272,500 based on approximately 2 sales in Weirs Lane, Oxford, OX1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £234,583. 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 £226,166 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £226,166 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 £128,750, £359,245 for a 2 bedroom house, £375,680 for a 3 bedroom house, £626,462 for a 4 bedroom house and £1,445,905 for a 5 bedroom house. For a flat similarly the prices varies from £271,667 for a single bedroom to £398,333 for a 2 bedroom Flat. To sum up the asking prices for properties in Weirs Lane, Oxford, OX1 it comes to around average £214,500 for 1 bedroom property, £377,761 for 2 bedroom, £375,680 for 3 bedroom, £626,462 for 4 bedroom and £1,445,905 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 £1,637 for 1 bedroom to £2,054 for 2 bedrooms, £1,546 for 3 bedrooms, £1,969 for 4 bedrooms and £2,103 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,453. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,018, £1,903 for 3 bedroom, £2,318 for 4 bedroom and around £2,899 for 5 bedroom flat. You should be generally be expecting around average £1,482 rent per month for single bedroom property, £2,026 for 2 bedroom, £1,757 for 3 bedroom, £1,998 for 4 bedroom and approximately £2,182 for a 5 bedroom property in Weirs Lane, Oxford, OX1 area.

Popular Houses in Weirs Lane, Oxford, OX1

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 Weirs Lane, Oxford, OX1