Average Price for property in Cherry Gardens, Penrith, CA11 is around £178,381 which varies based on type of property you are interested in and ranges from £158,807 for detached house to around £179,428 for semi-detached. Similarly terraced house is around £161,617. Values have been changing and have risen £514 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £648 in last 6 months, £8,349 in last 1 year, £15,017 in last 2 years, £15,686 in last 3 years, £9,537 in last 4 years and £10,191 in last 5 years.
Currently average asking price of a property in Cherry Gardens, 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 Cherry Gardens, Penrith, CA11 is £178,381. Average asking price is £264,115 while average price paid is £145,000 which is up by £8,349 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 Cherry Gardens, Penrith, CA11 area. In last 1 year alone average price buyer paid is around £145,000 based on approximately 1 sales in Cherry Gardens, Penrith, CA11 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £145,000. 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 £154,333 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £171,250 per sale.