Penmount, Truro, TR4

Street Guide For Penmount, Truro, TR4

 

Penmount, Truro, TR4 Map

Estimated Price: £174,404
Average Asking Price: £380,020
Price change in last one year: £8,174
Average Price Paid: £148,833
Average Rent Rates: £1,127

 

Property Prices Breakdown in Penmount, Truro, TR4

Average Price for property in Penmount, Truro, TR4 is around £174,404 which varies based on type of property you are interested in and ranges from £273,006 for detached house to around £163,501 for terraced house. Similarly flat is around £130,318. Values have been changing and have risen £1,522 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,424 in last 6 months, £8,174 in last 1 year, £12,217 in last 2 years, £9,863 in last 3 years, £10,143 in last 4 years and £12,285 in last 5 years.

Currently average asking price of a property in Penmount, Truro, TR4 is around £380,020 based on approximately 1 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £1,127 per month.

Estimated property value in Penmount, Truro, TR4 is £174,404. Average asking price is £380,020 while average price paid is £160,000 which is up by £8,174 and Avg. asking rent £1,127.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 Penmount, Truro, TR4 area. In last 1 year alone average price buyer paid is around £160,000 based on approximately 1 sales in Penmount, Truro, TR4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £148,833. 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 £148,833 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £148,833 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 £139,950, £190,168 for a 2 bedroom house, £369,929 for a 3 bedroom house, £492,094 for a 4 bedroom house and £527,150 for a 5 bedroom house. For a flat similarly the prices varies from £86,000 for a single bedroom to £155,750 for a 2 bedroom Flat. To sum up the asking prices for properties in Penmount, Truro, TR4 it comes to around average £112,975 for 1 bedroom property, £187,710 for 2 bedroom, £369,929 for 3 bedroom, £492,094 for 4 bedroom and £527,150 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 £639 for 2 bedroom to £844 for 3 bedroom and £1,366 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £524. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £650. You should be generally be expecting around average £524 rent per month for single bedroom property, £642 for 2 bedroom, £844 for 3 bedroom and approximately £1,366 for 4 bedroom property in Penmount, Truro, TR4 area.

Popular Houses in Penmount, Truro, TR4

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 Penmount, Truro, TR4