Average Price for property in Bridge Lane, Penrith, CA11 is around £155,223 e.g. average price for a flat is around 155,223. Values have been changing and have risen £427 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £536 in last 6 months, £6,922 in last 1 year, £12,449 in last 2 years, £13,006 in last 3 years, £7,915 in last 4 years and £8,458 in last 5 years.
Currently average asking price of a property in Bridge Lane, Penrith, CA11 is around £264,115 based on approximately 3 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £569 per month.
Estimated property value in Bridge Lane, Penrith, CA11 is £155,223. Average asking price is £264,115 while average price paid is £134,166 which is up by £6,922 and Avg. asking rent £569.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 Bridge Lane, Penrith, CA11 area. In last 1 year alone average price buyer paid is around £134,166 based on approximately 3 sales in Bridge Lane, Penrith, CA11 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £138,482. 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 £134,368 for 39 and average amount paid for purchase of approx. 63 properties sold in last 7 years comes to about £138,823 per sale.