Margaret Road, Penwortham, Preston, PR1

Street Guide For Margaret Road, Penwortham, Preston, PR1

 

Margaret Road, Penwortham, Preston, PR1 Map

Estimated Price: £143,485
Average Asking Price: £149,166
Price change in last one year: £7,252
Average Price Paid: £136,415
Average Rent Rates: £839

 

Property Prices Breakdown in Margaret Road, Penwortham, Preston, PR1

Average Price for property in Margaret Road, Penwortham, Preston, PR1 is around £143,485 which varies based on type of property you are interested in and ranges from £192,926 for detached house to around £147,226 for semi-detached. Similarly terraced house is around £129,022 and a flat is worth £90,977. Values have been changing and have risen £725 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,390 in last 6 months, £7,252 in last 1 year, £11,933 in last 2 years, £12,015 in last 3 years, £10,290 in last 4 years and £5,760 in last 5 years.

Currently average asking price of a property in Margaret Road, Penwortham, Preston, PR1 is around £149,166 based on approximately 1 properties for sale. Same is the case with rental options based on 350 properties up for rent, average asking rent is around £839 per month.

Estimated property value in Margaret Road, Penwortham, Preston, PR1 is £143,485. Average asking price is £149,166 while average price paid is £118,000 which is up by £7,252 and Avg. asking rent £839.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 Margaret Road, Penwortham, Preston, PR1 area. In last 1 year alone average price buyer paid is around £118,000 based on approximately 1 sales in Margaret Road, Penwortham, Preston, PR1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £140,500. 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 £136,415 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £136,582 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 £108,240, £89,667 for a 2 bedroom house, £127,021 for a 3 bedroom house, £244,772 for a 4 bedroom house and £394,953 for a 5 bedroom house. For a flat similarly the prices varies from £71,252 for a single bedroom to £96,877 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £136,000, £180,000 for a 4 bedroom flat and £230,000 for a 5 bedroom flat. To sum up the asking prices for properties in Margaret Road, Penwortham, Preston, PR1 it comes to around average £81,424 for 1 bedroom property, £92,085 for 2 bedroom, £127,064 for 3 bedroom, £244,028 for 4 bedroom and £385,250 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 £311 for 1 bedroom to £449 for 2 bedrooms, £606 for 3 bedrooms, £1,118 for 4 bedrooms and £1,369 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £518, £1,029 for 3 bedroom, £293 for 4 bedroom and around £1,524 for 5 bedroom flat. You should be generally be expecting around average £413 rent per month for single bedroom property, £484 for 2 bedroom, £647 for 3 bedroom, £1,067 for 4 bedroom and approximately £1,390 for a 5 bedroom property in Margaret Road, Penwortham, Preston, PR1 area.

Popular Houses in Margaret Road, Penwortham, Preston, PR1

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 Margaret Road, Penwortham, Preston, PR1