Average Price for property in Birch Lane, Penarth, CF64 is around £434,518 e.g. average price for detached house is around 434,518. Values have been changing and have risen £1,882 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,154 in last 6 months, £28,005 in last 1 year, £44,039 in last 2 years, £46,163 in last 3 years, £48,786 in last 4 years and £46,508 in last 5 years.
Currently average asking price of a property in Birch Lane, Penarth, CF64 is around £369,150 based on approximately 1 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £917 per month.
Estimated property value in Birch Lane, Penarth, CF64 is £434,518. Average asking price is £369,150 while average price paid is £380,000 which is up by £28,005 and Avg. asking rent £917.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 Birch Lane, Penarth, CF64 area. In last 1 year alone average price buyer paid is around £380,000 based on approximately 1 sales in Birch Lane, Penarth, CF64 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £335,000. 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 £334,416 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £334,416 per sale.