Park Road, Redruth, TR15

Street Guide For Park Road, Redruth, TR15

 

Park Road, Redruth, TR15 Map

Estimated Price: £197,813
Average Asking Price: £181,769
Price change in last one year: £8,235
Average Price Paid: £178,100
Average Rent Rates: £732

 

Property Prices Breakdown in Park Road, Redruth, TR15

Average Price for property in Park Road, Redruth, TR15 is around £197,813 which varies based on type of property you are interested in and ranges from £192,378 for detached house to around £224,435 for semi-detached. Similarly terraced house is around £181,053. Values have been changing and have risen £1,231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,595 in last 6 months, £8,235 in last 1 year, £17,478 in last 2 years, £15,864 in last 3 years, £10,446 in last 4 years and £12,680 in last 5 years.

Currently average asking price of a property in Park Road, Redruth, TR15 is around £181,769 based on approximately 3 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £732 per month.

Estimated property value in Park Road, Redruth, TR15 is £197,813. Average asking price is £181,769 while average price paid is £178,333 which is up by £8,235 and Avg. asking rent £732.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 Park Road, Redruth, TR15 area. In last 1 year alone average price buyer paid is around £178,333 based on approximately 3 sales in Park Road, Redruth, TR15 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £168,627. 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 £178,100 for 14 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £182,087 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 £108,738, £146,504 for a 2 bedroom house, £184,096 for a 3 bedroom house, £250,064 for a 4 bedroom house and £317,222 for a 5 bedroom house. For a flat similarly the prices varies from £95,537 for a single bedroom to £119,029 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £103,725. To sum up the asking prices for properties in Park Road, Redruth, TR15 it comes to around average £98,737 for 1 bedroom property, £139,427 for 2 bedroom, £182,009 for 3 bedroom, £250,064 for 4 bedroom and £317,222 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 £641 for 1 bedroom to £634 for 2 bedroom, £783 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 £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £623. You should be generally be expecting around average £514 rent per month for single bedroom property, £630 for 2 bedroom, £783 for 3 bedroom and approximately £1,048 for 4 bedroom property in Park Road, Redruth, TR15 area.

Popular Houses in Park Road, Redruth, TR15

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 Park Road, Redruth, TR15