Average Price for property in Elm Terrace, Penrith, CA11 is around £188,860 which varies based on type of property you are interested in and ranges from £174,843 for semi-detached to around £197,270 for terraced house. Values have been changing and have risen £537 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £674 in last 6 months, £8,712 in last 1 year, £15,669 in last 2 years, £16,369 in last 3 years, £9,955 in last 4 years and £10,636 in last 5 years.
Currently average asking price of a property in Elm Terrace, 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 Elm Terrace, Penrith, CA11 is £188,860. Average asking price is £264,115 while average price paid is £150,000 which is up by £8,712 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 Elm Terrace, Penrith, CA11 area. In last 1 year alone average price buyer paid is around £150,000 based on approximately 3 sales in Elm Terrace, Penrith, CA11 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £150,000. 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 £151,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £151,250 per sale.