New Portreath Road, Redruth, TR16

Street Guide For New Portreath Road, Redruth, TR16

 

New Portreath Road, Redruth, TR16 Map

Estimated Price: £316,643
Average Asking Price: £300,057
Price change in last one year: £14,300
Average Price Paid: £230,000
Average Rent Rates: £707

 

Property Prices Breakdown in New Portreath Road, Redruth, TR16

Average Price for property in New Portreath Road, Redruth, TR16 is around £316,643 which varies based on type of property you are interested in and ranges from £382,233 for detached house to around £152,783 for semi-detached. Similarly terraced house is around £188,416. Values have been changing and have risen £2,421 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,781 in last 6 months, £14,300 in last 1 year, £26,257 in last 2 years, £19,358 in last 3 years, £15,261 in last 4 years and £25,726 in last 5 years.

Currently average asking price of a property in New Portreath Road, Redruth, TR16 is around £300,057 based on approximately 0 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £707 per month.

Estimated property value in New Portreath Road, Redruth, TR16 is £316,643. Average asking price is £300,057 while average price paid is £230,000 which is up by £25,726 and Avg. asking rent £707.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 New Portreath Road, Redruth, TR16 area. In last 5 years alone average price buyer paid is around £230,000 based on approximately 1 sales in New Portreath Road, Redruth, TR16 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £275,000.

 
 

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 £83,333, £146,925 for a 2 bedroom house, £254,573 for a 3 bedroom house, £468,850 for a 4 bedroom house and £486,244 for a 5 bedroom house. For a flat similarly the prices varies from £70,000 for a single bedroom to £141,667 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £500,000. To sum up the asking prices for properties in New Portreath Road, Redruth, TR16 it comes to around average £80,000 for 1 bedroom property, £146,499 for 2 bedroom, £258,804 for 3 bedroom, £468,850 for 4 bedroom and £486,244 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 £550 for 1 bedroom to £643 for 2 bedroom, £775 for 3 bedroom and £1,049 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £565. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £662. You should be generally be expecting around average £561 rent per month for single bedroom property, £649 for 2 bedroom, £775 for 3 bedroom and approximately £1,049 for 4 bedroom property in New Portreath Road, Redruth, TR16 area.

Popular Houses in New Portreath Road, Redruth, TR16

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 New Portreath Road, Redruth, TR16