Milburn, Penrith, CA10

Street Guide For Milburn, Penrith, CA10

 

Milburn, Penrith, CA10 Map

Estimated Price: £224,054
Average Asking Price: £297,222
Price change in last one year: £8,764
Average Price Paid: £248,500
Average Rent Rates: £619

 

Property Prices Breakdown in Milburn, Penrith, CA10

Average Price for property in Milburn, Penrith, CA10 is around £224,054 which varies based on type of property you are interested in and ranges from £271,234 for detached house to around £205,182 for semi-detached. Similarly terraced house is around £182,535. Values have been changing and have risen £1,237 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,687 in last 6 months, £8,764 in last 1 year, £18,140 in last 2 years, £17,515 in last 3 years, £9,118 in last 4 years and £13,236 in last 5 years.

Currently average asking price of a property in Milburn, Penrith, CA10 is around £297,222 based on approximately 0 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £619 per month.

Estimated property value in Milburn, Penrith, CA10 is £224,054. Average asking price is £297,222 while average price paid is £205,000 which is up by £17,515 and Avg. asking rent £619.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 Milburn, Penrith, CA10 area. In last 3 years alone average price buyer paid is around £205,000 based on approximately 2 sales in Milburn, Penrith, CA10 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £248,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £226,000 for 5 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 £99,950, £149,560 for a 2 bedroom house, £219,231 for a 3 bedroom house, £364,261 for a 4 bedroom house and £395,829 for a 5 bedroom house. For a flat similarly the prices varies from £81,600 for a single bedroom to £107,483 for a 2 bedroom Flat. To sum up the asking prices for properties in Milburn, Penrith, CA10 it comes to around average £85,270 for 1 bedroom property, £146,149 for 2 bedroom, £219,231 for 3 bedroom, £364,261 for 4 bedroom and £395,829 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 £429 for 1 bedroom to £493 for 2 bedroom, £766 for 3 bedroom and £851 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £937. You should be generally be expecting around average £441 rent per month for single bedroom property, £588 for 2 bedroom, £766 for 3 bedroom and approximately £851 for 4 bedroom property in Milburn, Penrith, CA10 area.

Popular Houses in Milburn, Penrith, CA10

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 Milburn, Penrith, CA10