Penlon Place, Abingdon, OX14

Street Guide For Penlon Place, Abingdon, OX14

 

Penlon Place, Abingdon, OX14 Map

Estimated Price: £267,661
Average Asking Price: £408,032
Price change in last one year: £26,288
Average Price Paid: £208,202
Average Rent Rates: £2,370

 

Property Prices Breakdown in Penlon Place, Abingdon, OX14

Average Price for property in Penlon Place, Abingdon, OX14 is around £267,661 which varies based on type of property you are interested in and ranges from £467,289 for terraced house to around £230,105 for a flat. Values have been changing and have risen £3,064 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,908 in last 6 months, £26,288 in last 1 year, £37,411 in last 2 years, £46,387 in last 3 years, £38,995 in last 4 years and £46,802 in last 5 years.

Currently average asking price of a property in Penlon Place, Abingdon, OX14 is around £408,032 based on approximately 3 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £2,370 per month.

Estimated property value in Penlon Place, Abingdon, OX14 is £267,661. Average asking price is £408,032 while average price paid is £182,483 which is up by £26,288 and Avg. asking rent £2,370.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 Penlon Place, Abingdon, OX14 area. In last 1 year alone average price buyer paid is around £182,483 based on approximately 3 sales in Penlon Place, Abingdon, OX14 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £187,745. 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 £208,202 for 19 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £200,947 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 £232,053, £262,133 for a 2 bedroom house, £318,990 for a 3 bedroom house, £487,337 for a 4 bedroom house and £820,492 for a 5 bedroom house. For a flat similarly the prices varies from £160,679 for a single bedroom to £241,971 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £210,000. To sum up the asking prices for properties in Penlon Place, Abingdon, OX14 it comes to around average £192,083 for 1 bedroom property, £250,980 for 2 bedroom, £317,497 for 3 bedroom, £487,337 for 4 bedroom and £820,492 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 £771 for 1 bedroom to £1,128 for 2 bedrooms, £1,411 for 3 bedrooms, £1,740 for 4 bedrooms and £2,449 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £785. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £960 and £1,226 for 3 bedroom. You should be generally be expecting around average £782 rent per month for single bedroom property, £1,048 for 2 bedroom, £1,374 for 3 bedroom, £1,740 for 4 bedroom and approximately £2,450 for a 5 bedroom property in Penlon Place, Abingdon, OX14 area.

Popular Houses in Penlon Place, Abingdon, OX14

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 Penlon Place, Abingdon, OX14