Friars Road, Penrith, CA11

Street Guide For Friars Road, Penrith, CA11

 

Friars Road, Penrith, CA11 Map

Estimated Price: £144,361
Average Asking Price: £264,115
Price change in last one year: £6,585
Average Price Paid: £134,500
Average Rent Rates: £569

 

Property Prices Breakdown in Friars Road, Penrith, CA11

Average Price for property in Friars Road, Penrith, CA11 is around £144,361 which varies based on type of property you are interested in and ranges from £150,878 for semi-detached to around £131,328 for terraced house. Values have been changing and have risen £406 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £509 in last 6 months, £6,585 in last 1 year, £11,844 in last 2 years, £12,375 in last 3 years, £7,531 in last 4 years and £8,047 in last 5 years.

Currently average asking price of a property in Friars Road, 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 Friars Road, Penrith, CA11 is £144,361. Average asking price is £264,115 while average price paid is £134,833 which is up by £6,585 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 Friars Road, Penrith, CA11 area. In last 1 year alone average price buyer paid is around £134,833 based on approximately 3 sales in Friars Road, Penrith, CA11 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £134,833. 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 £134,500 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £134,500 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £79,112, £147,023 for a 2 bedroom house, £236,582 for a 3 bedroom house, £352,954 for a 4 bedroom house and £408,518 for a 5 bedroom house. For a flat similarly the prices varies from £109,495 for a single bedroom to £131,032 for a 2 bedroom Flat. Same is the case with 5 bedroom flat £450,000. To sum up the asking prices for properties in Friars Road, Penrith, CA11 it comes to around average £100,814 for 1 bedroom property, £140,748 for 2 bedroom, £236,582 for 3 bedroom, £352,954 for 4 bedroom and £410,113 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £451 for 1 bedroom to £534 for 2 bedroom, £669 for 3 bedroom and £787 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £414. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £490. You should be generally be expecting around average £426 rent per month for single bedroom property, £519 for 2 bedroom, £669 for 3 bedroom and approximately £786 for 4 bedroom property in Friars Road, Penrith, CA11 area.

Popular Houses in Friars Road, Penrith, CA11

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Friars Road, Penrith, CA11