Bay View Terrace, Penzance, TR18

Street Guide For Bay View Terrace, Penzance, TR18

 
 

Bay View Terrace, Penzance, TR18 Map

Estimated Price: £205,256
Average Asking Price: £236,432
Price change in last one year: £12,407
Average Price Paid: £204,677
Average Rent Rates: £586

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

Free House valuation

 

Property Prices Breakdown in Bay View Terrace, Penzance, TR18

Values have been changing and have risen £1,370 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,162 in last 6 months, £12,407 in last 1 year, £16,428 in last 2 years, £17,358 in last 3 years, £11,072 in last 4 years and £20,239 in last 5 years.

Currently average asking price of a property in Bay View Terrace, Penzance, TR18 is around £236,432 based on approximately 1 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £586 per month.

Estimated property value in Bay View Terrace, Penzance, TR18 is £205,256. Average asking price is £236,432 while average price paid is £175,000 which is up by £12,407 and Avg. asking rent £586.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 Bay View Terrace, Penzance, TR18 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 1 sales in Bay View Terrace, Penzance, TR18 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £207,408. 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 £204,677 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £202,763 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 £125,830, £178,795 for a 2 bedroom house, £228,789 for a 3 bedroom house, £298,250 for a 4 bedroom house and £446,240 for a 5 bedroom house. For a flat similarly the prices varies from £105,852 for a single bedroom to £176,336 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £265,000 and £280,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bay View Terrace, Penzance, TR18 it comes to around average £111,906 for 1 bedroom property, £178,141 for 2 bedroom, £229,903 for 3 bedroom, £297,661 for 4 bedroom and £446,240 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 £463 for 1 bedroom to £601 for 2 bedroom, £704 for 3 bedroom and £1,049 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £474. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £641 and £696 for 3 bedroom. You should be generally be expecting around average £469 rent per month for single bedroom property, £621 for 2 bedroom, £701 for 3 bedroom and approximately £1,049 for 4 bedroom property in Bay View Terrace, Penzance, TR18 area.

Popular Houses in Bay View Terrace, Penzance, TR18

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 Bay View Terrace, Penzance, TR18