Average Price for property in Fell Lane, Penrith, CA11 is around £294,085 which varies based on type of property you are interested in and ranges from £422,391 for detached house to around £294,577 for semi-detached. Similarly terraced house is around £88,473 and a flat is worth £165,674. Values have been changing and have risen £802 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,013 in last 6 months, £13,040 in last 1 year, £23,452 in last 2 years, £24,497 in last 3 years, £14,890 in last 4 years and £15,906 in last 5 years.
Currently average asking price of a property in Fell Lane, 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 Fell Lane, Penrith, CA11 is £294,085. Average asking price is £264,115 while average price paid is £104,000 which is up by £13,040 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 Fell Lane, Penrith, CA11 area. In last 1 year alone average price buyer paid is around £104,000 based on approximately 1 sales in Fell Lane, Penrith, CA11 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £139,800. 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 £158,166 for 6 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £242,363 per sale.