Average Price for property in Lamorna, Penzance, TR19 is around £481,297 which varies based on type of property you are interested in and ranges from £501,208 for detached house to around £372,998 for semi-detached. Similarly terraced house is around £305,966 and a flat is worth £158,035. Values have been changing and have risen £5,180 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,314 in last 6 months, £19,834 in last 1 year, £38,199 in last 2 years, £42,481 in last 3 years, £30,409 in last 4 years and £45,951 in last 5 years.
Currently average asking price of a property in Lamorna, Penzance, TR19 is around £279,104 based on approximately 3 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £681 per month.
Estimated property value in Lamorna, Penzance, TR19 is £481,297. Average asking price is £279,104 while average price paid is £441,666 which is up by £19,834 and Avg. asking rent £681.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 Lamorna, Penzance, TR19 area. In last 1 year alone average price buyer paid is around £441,666 based on approximately 3 sales in Lamorna, Penzance, TR19 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £526,999. 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 £456,999 for 11 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £435,583 per sale.