Average Price for property in Penmayne Parc, Lanner, Redruth, TR16 is around £172,998 which varies based on type of property you are interested in and ranges from £211,953 for detached house to around £162,504 for semi-detached. Similarly terraced house is around £149,072. Values have been changing and have risen £1,324 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,706 in last 6 months, £7,816 in last 1 year, £14,351 in last 2 years, £10,584 in last 3 years, £8,346 in last 4 years and £14,065 in last 5 years.
Currently average asking price of a property in Penmayne Parc, Lanner, Redruth, TR16 is around £300,057 based on approximately 1 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £707 per month.
Estimated property value in Penmayne Parc, Lanner, Redruth, TR16 is £172,998. Average asking price is £300,057 while average price paid is £140,000 which is up by £7,816 and Avg. asking rent £707.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 Penmayne Parc, Lanner, Redruth, TR16 area. In last 1 year alone average price buyer paid is around £140,000 based on approximately 1 sales in Penmayne Parc, Lanner, Redruth, TR16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £138,750. 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 £143,833 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £165,375 per sale.