Where's the Most Expensive Street in Morley

Location, Location, Location

When buying a property either to live in or as an investment, the location is one of the most important things to consider and is something I often get asked about.  As a nation, we’re obsessed with the prices of property, particularly on our own street!  So I thought I’d have a look at some different locations in Morley and see where the most expensive street in Morley to buy is, where properties change hands a lot and the least expensive place to buy.

Most Expensive Street in Morley

If you are familiar with Morley then you may not be surprised to know that average house prices are highest in the Dartmouth Park area, in particular St Andrews Avenue.  Here the average house price is £471,995 with the highest recorded purchase at £600,000 and that property now estimated to be worth around £739,000.  These properties also don’t come up for sale very often, with on average only 1 sale every two years.  So if this is an area you’d like to live in you’d better act quickly when a property comes up for sale!

The second most expensive street is Bradstock Gardens, a small development of 7 detached properties off Rooms Lane with an average value of £345,057 and the most expensive properties estimated value at £586,500.  In third place is Rooms Way, another small development of 4 and 5 bed detached houses, also off Rooms Lane, with an average estimated value of £339,550.

Street with Highest Turnover of Property

Now remember when I said that houses don’t change hands very often on St Andrews Avenue?  Well move slightly to the East to Fountain Street and it’s a very different story!  Ok, there are 291 properties on the street compared to 21 on St Andrews Avenue so you would naturally expect more house sales, but would you believe there has been a whopping 413 recorded transactions since 1995 – that’s around one every three weeks for just over 20 years!  The average estimated house value on Fountain street is £97,924 which makes it a popular location for first time buyers and investors and its close proximity to good schools, transport and lots of amenities plus a short walk to Dartmouth park mean that it’s a popular place to live.

In 2^nd place is New Bank Street which has an average estimated value of £105,988 and around half the number of properties to Fountain Street and half the number of transactions too, so that’s a sale a month on average.  In 3^rd place is Springfield Road, which has a much higher average value of £175,613 due to a real mix of properties from period terrace houses to modern detached houses on the site of the old Springfield Mill with estimated values from £102,000 to £350,000 and again an average of one property sold a month.

Least Expensive Street in Morley

So where can you grab a bargain?  Well the least expensive address is Alden Court which is mostly one bedroom flats with an estimated average value of £63,467.  This is closely followed by Denton Terrace which consists of 1 and 2 bed back to back terrace houses where the average estimated value is £63,821.  Although this is skewed a little by the purchase of a block of 10 of these together at auction in 2014 which sold for £426,000 bringing down the average price on the street.

In third place is Brunswick Terrace with an average estimated value of £78,600 for a 1 bedroom terrace house.

If you are considering investing in a property in the Morley area and would like to discuss the street you’re considering then feel free to give me a call on 0113 436 4360, I’m always happy to talk about Morley property.