Penfold Way, Steyning, BN44

Street Guide For Penfold Way, Steyning, BN44

 

Penfold Way, Steyning, BN44 Map

Estimated Price: £503,508
Average Asking Price: £577,111
Price change in last one year: £39,810
Average Price Paid: £379,268
Average Rent Rates: £1,532

 

Property Prices Breakdown in Penfold Way, Steyning, BN44

Average Price for property in Penfold Way, Steyning, BN44 is around £503,508 which varies based on type of property you are interested in and ranges from £598,339 for detached house to around £444,445 for semi-detached. Similarly terraced house is around £358,603. Values have been changing and have risen £3,335 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,953 in last 6 months, £39,810 in last 1 year, £67,065 in last 2 years, £72,000 in last 3 years, £72,286 in last 4 years and £74,486 in last 5 years.

Currently average asking price of a property in Penfold Way, Steyning, BN44 is around £577,111 based on approximately 2 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £1,532 per month.

Estimated property value in Penfold Way, Steyning, BN44 is £503,508. Average asking price is £577,111 while average price paid is £450,000 which is up by £39,810 and Avg. asking rent £1,532.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 Way, Steyning, BN44 area. In last 1 year alone average price buyer paid is around £450,000 based on approximately 2 sales in Penfold Way, Steyning, BN44 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £401,666. 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 £379,268 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £375,496 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 £378,000, £348,600 for a 2 bedroom house, £420,441 for a 3 bedroom house, £697,492 for a 4 bedroom house and £1,059,158 for a 5 bedroom house. For a flat similarly the prices varies from £94,975 for a single bedroom to £235,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Penfold Way, Steyning, BN44 it comes to around average £297,136 for 1 bedroom property, £337,240 for 2 bedroom, £420,441 for 3 bedroom, £697,492 for 4 bedroom and £1,059,158 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 £1,173 for 2 bedroom to £1,050 for 3 bedroom and £3,649 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £776. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £997. You should be generally be expecting around average £776 rent per month for single bedroom property, £1,138 for 2 bedroom, £1,050 for 3 bedroom and approximately £3,648 for 4 bedroom property in Penfold Way, Steyning, BN44 area.

Popular Houses in Penfold Way, Steyning, BN44

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 Penfold Way, Steyning, BN44