Back Lane, Marazion, TR17

Street Guide For Back Lane, Marazion, TR17

 
 

Back Lane, Marazion, TR17 Map

Estimated Price: £386,007
Average Asking Price: £327,093
Price change in last one year: £18,288
Average Price Paid: £319,500
Average Rent Rates: £702

Kerb Appealz
13 Lansdowne Pl, Penzance, Cornwall TR18 4QB

Free House valuation

 

Property Prices Breakdown in Back Lane, Marazion, TR17

Average Price for property in Back Lane, Marazion, TR17 is around £386,007 which varies based on type of property you are interested in and ranges from £446,466 for detached house to around £325,548 for semi-detached. Values have been changing and have risen £3,421 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,286 in last 6 months, £18,288 in last 1 year, £30,293 in last 2 years, £28,400 in last 3 years, £20,713 in last 4 years and £30,744 in last 5 years.

Currently average asking price of a property in Back Lane, Marazion, TR17 is around £327,093 based on approximately 1 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £702 per month.

Estimated property value in Back Lane, Marazion, TR17 is £386,007. Average asking price is £327,093 while average price paid is £239,000 which is up by £18,288 and Avg. asking rent £702.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 Back Lane, Marazion, TR17 area. In last 1 year alone average price buyer paid is around £239,000 based on approximately 1 sales in Back Lane, Marazion, TR17 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £239,000. 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 £319,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £316,000 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 £247,500, £363,780 for a 3 bedroom house, £360,000 for a 4 bedroom house and £550,000 for a 5 bedroom house. For a flat similarly the prices varies from £132,950 for a single bedroom to £277,488 for a 2 bedroom Flat. To sum up the asking prices for properties in Back Lane, Marazion, TR17 it comes to around average £132,950 for 1 bedroom property, £271,490 for 2 bedroom, £363,780 for 3 bedroom, £360,000 for 4 bedroom and £550,000 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 is £925 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £676. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £658. You should be generally be expecting around average £676 rent per month for single bedroom property, £658 for 2 bedroom and approximately £925 for 3 bedroom property in Back Lane, Marazion, TR17 area.

Popular Houses in Back Lane, Marazion, TR17

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 Back Lane, Marazion, TR17