Values have been changing and have risen £1,243 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,777 in last 6 months, £11,260 in last 1 year, £14,907 in last 2 years, £15,752 in last 3 years, £10,047 in last 4 years and £18,365 in last 5 years.
Currently average asking price of a property in New Road, Newlyn, Penzance, TR18 is around £236,432 based on approximately 1 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £586 per month.
Estimated property value in New Road, Newlyn, Penzance, TR18 is £186,264. Average asking price is £236,432 while average price paid is £165,000 which is up by £11,260 and Avg. asking rent £586.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 Road, Newlyn, Penzance, TR18 area. In last 1 year alone average price buyer paid is around £165,000 based on approximately 1 sales in New Road, Newlyn, Penzance, TR18 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £150,833. 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 £186,900 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £190,357 per sale.