Average Price for property in Castle Drive, Penrith, CA11 is around £148,476 which varies based on type of property you are interested in and ranges from £148,588 for semi-detached to around £147,693 for terraced house. Values have been changing and have risen £413 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £521 in last 6 months, £6,716 in last 1 year, £12,079 in last 2 years, £12,620 in last 3 years, £7,676 in last 4 years and £8,203 in last 5 years.
Currently average asking price of a property in Castle Drive, Penrith, CA11 is around £264,115 based on approximately 1 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 Castle Drive, Penrith, CA11 is £148,476. Average asking price is £264,115 while average price paid is £137,000 which is up by £6,716 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 Castle Drive, Penrith, CA11 area. In last 1 year alone average price buyer paid is around £137,000 based on approximately 1 sales in Castle Drive, Penrith, CA11 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £120,993. 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 £123,579 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £125,496 per sale.