Park Terrace, Malpas, Truro, TR1

Street Guide For Park Terrace, Malpas, Truro, TR1

 

Park Terrace, Malpas, Truro, TR1 Map

Estimated Price: £574,030
Average Asking Price: £310,476
Price change in last one year: £25,765
Average Price Paid: £485,000
Average Rent Rates: £920

 

Property Prices Breakdown in Park Terrace, Malpas, Truro, TR1

Average Price for property in Park Terrace, Malpas, Truro, TR1 is around £574,030 e.g. average price for terraced house is around 574,030. Values have been changing and have risen £4,233 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,759 in last 6 months, £25,765 in last 1 year, £43,475 in last 2 years, £39,468 in last 3 years, £29,175 in last 4 years and £45,061 in last 5 years.

Currently average asking price of a property in Park Terrace, Malpas, Truro, TR1 is around £310,476 based on approximately 0 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £920 per month.

Estimated property value in Park Terrace, Malpas, Truro, TR1 is £574,030. Average asking price is £310,476 while average price paid is £485,000 which is up by £45,061 and Avg. asking rent £920.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 Terrace, Malpas, Truro, TR1 area. In last 5 years alone average price buyer paid is around £485,000 based on approximately 1 sales in Park Terrace, Malpas, Truro, TR1 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £485,000.

 
 

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 2 bedroom is around £178,922, £274,354 for a 3 bedroom house, £375,091 for a 4 bedroom house and £529,674 for a 5 bedroom house. For a flat similarly the prices varies from £136,414 for a single bedroom to £197,309 for a 2 bedroom Flat. To sum up the asking prices for properties in Park Terrace, Malpas, Truro, TR1 it comes to around average £136,414 for 1 bedroom property, £188,116 for 2 bedroom, £274,354 for 3 bedroom, £375,091 for 4 bedroom and £529,674 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 £455 for 1 bedroom to £771 for 2 bedrooms, £847 for 3 bedrooms, £1,083 for 4 bedrooms and £1,498 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £588. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £648. You should be generally be expecting around average £562 rent per month for single bedroom property, £738 for 2 bedroom, £847 for 3 bedroom, £1,083 for 4 bedroom and approximately £1,498 for a 5 bedroom property in Park Terrace, Malpas, Truro, TR1 area.

Popular Houses in Park Terrace, Malpas, Truro, TR1

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 Terrace, Malpas, Truro, TR1