Average Price for property in Penryn is around £224,018 which varies based on type of property you are interested in and ranges from £298,061 for detached house to around £211,373 for semi-detached. Similarly terraced house is around £187,958 and a flat is worth £149,177. Values have been changing and have risen £3 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £723 in last 6 months, £6,398 in last 1 year, £16,948 in last 2 years, £12,913 in last 3 years, £16,959 in last 4 years and £13,451 in last 5 years.
Currently average asking price of a property in Penryn is around £286,009 based on approximately 215 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £830 per month.
Estimated property value in Penryn is £224,018. Average asking price is £286,009 while average price paid is £194,166 which is up by £6,398 and Avg. asking rent £830.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 Penryn area. In last 1 year alone average price buyer paid is around £194,166 based on approximately 215 sales in Penryn area alone. If you compare it to last 3 years sales of 530 properties where buyers paid around £191,830. 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 £190,848 for 871 and average amount paid for purchase of approx. 1,144 properties sold in last 7 years comes to about £188,537 per sale.