Average Price for property in Penfold Road, Clacton-on-Sea, CO15 is around £193,585 which varies based on type of property you are interested in and ranges from £292,842 for detached house to around £309,352 for semi-detached. Similarly terraced house is around £158,217 and a flat is worth £97,013. Values have been changing and have risen £758 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,851 in last 6 months, £14,917 in last 1 year, £19,815 in last 2 years, £22,132 in last 3 years, £19,389 in last 4 years and £17,537 in last 5 years.
Currently average asking price of a property in Penfold Road, Clacton-on-Sea, CO15 is around £164,738 based on approximately 4 properties for sale. Same is the case with rental options based on 87 properties up for rent, average asking rent is around £768 per month.
Estimated property value in Penfold Road, Clacton-on-Sea, CO15 is £193,585. Average asking price is £164,738 while average price paid is £170,500 which is up by £14,917 and Avg. asking rent £768.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 Penfold Road, Clacton-on-Sea, CO15 area. In last 1 year alone average price buyer paid is around £170,500 based on approximately 4 sales in Penfold Road, Clacton-on-Sea, CO15 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £161,166. 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 £149,857 for 7 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £142,236 per sale.