Average Price for property in Bears Terrace, Lanner, Redruth, TR16 is around £189,996 which varies based on type of property you are interested in and ranges from £290,142 for detached house to around £169,967 for terraced house. Values have been changing and have risen £1,453 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,069 in last 6 months, £8,581 in last 1 year, £15,757 in last 2 years, £11,617 in last 3 years, £9,162 in last 4 years and £15,443 in last 5 years.
Currently average asking price of a property in Bears Terrace, Lanner, Redruth, TR16 is around £300,057 based on approximately 2 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £707 per month.
Estimated property value in Bears Terrace, Lanner, Redruth, TR16 is £189,996. Average asking price is £300,057 while average price paid is £125,750 which is up by £8,581 and Avg. asking rent £707.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 Bears Terrace, Lanner, Redruth, TR16 area. In last 1 year alone average price buyer paid is around £125,750 based on approximately 2 sales in Bears Terrace, Lanner, Redruth, TR16 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £174,666. 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 £175,200 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £179,833 per sale.