Average Price for property in Penllyn Way, Hemlington, Middlesbrough, TS8 is around £121,278 which varies based on type of property you are interested in and ranges from £149,456 for detached house to around £118,310 for semi-detached. Similarly terraced house is around £123,519. Values have been changing and have risen £1,084 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,005 in last 6 months, £4,221 in last 1 year, £7,457 in last 2 years, £5,261 in last 3 years, £6,563 in last 4 years and £6,117 in last 5 years.
Currently average asking price of a property in Penllyn Way, Hemlington, Middlesbrough, TS8 is around £196,541 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £530 per month.
Estimated property value in Penllyn Way, Hemlington, Middlesbrough, TS8 is £121,278. Average asking price is £196,541 while average price paid is £113,000 which is up by £4,221 and Avg. asking rent £530.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 Penllyn Way, Hemlington, Middlesbrough, TS8 area. In last 1 year alone average price buyer paid is around £113,000 based on approximately 1 sales in Penllyn Way, Hemlington, Middlesbrough, TS8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £101,500. 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 £101,500 for 2 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £116,658 per sale.