Penarth Road, Manchester, M22

Street Guide For Penarth Road, Manchester, M22

 

Penarth Road, Manchester, M22 Map

Estimated Price: £199,384
Average Asking Price: £172,385
Price change in last one year: £11,549
Average Price Paid: £171,850
Average Rent Rates: £690

 

Property Prices Breakdown in Penarth Road, Manchester, M22

Average Price for property in Penarth Road, Manchester, M22 is around £199,384 e.g. average price for semi-detached is around 199,384. Values have been changing and have risen £436 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,837 in last 6 months, £11,549 in last 1 year, £19,843 in last 2 years, £20,636 in last 3 years, £20,797 in last 4 years and £16,381 in last 5 years.

Currently average asking price of a property in Penarth Road, Manchester, M22 is around £172,385 based on approximately 2 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £690 per month.

Estimated property value in Penarth Road, Manchester, M22 is £199,384. Average asking price is £172,385 while average price paid is £184,975 which is up by £11,549 and Avg. asking rent £690.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 Penarth Road, Manchester, M22 area. In last 1 year alone average price buyer paid is around £184,975 based on approximately 2 sales in Penarth Road, Manchester, M22 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £174,237. 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 £171,850 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £171,850 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 £110,000, £131,011 for a 2 bedroom house, £145,790 for a 3 bedroom house, £342,953 for a 4 bedroom house and £359,983 for a 5 bedroom house. For a flat similarly the prices varies from £105,500 for a single bedroom to £115,871 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £149,225 and £99,950 for a 4 bedroom flat. To sum up the asking prices for properties in Penarth Road, Manchester, M22 it comes to around average £106,250 for 1 bedroom property, £122,859 for 2 bedroom, £146,065 for 3 bedroom, £314,365 for 4 bedroom and £359,983 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 £451 for 1 bedroom to £537 for 2 bedroom, £639 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £639. You should be generally be expecting around average £450 rent per month for single bedroom property, £625 for 2 bedroom, £639 for 3 bedroom and approximately £849 for 4 bedroom property in Penarth Road, Manchester, M22 area.

Popular Houses in Penarth Road, Manchester, M22

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 Penarth Road, Manchester, M22