Average Price for property in Penn Drive, Frenchay, Bristol, BS16 is around £252,319 which varies based on type of property you are interested in and ranges from £490,587 for detached house to around £200,521 for a flat. Values have been changing and have risen £1,843 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,316 in last 6 months, £20,360 in last 1 year, £33,274 in last 2 years, £35,017 in last 3 years, £36,985 in last 4 years and £34,723 in last 5 years.
Currently average asking price of a property in Penn Drive, Frenchay, Bristol, BS16 is around £265,775 based on approximately 2 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £1,155 per month.
Estimated property value in Penn Drive, Frenchay, Bristol, BS16 is £252,319. Average asking price is £265,775 while average price paid is £324,000 which is up by £20,360 and Avg. asking rent £1,155.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 Penn Drive, Frenchay, Bristol, BS16 area. In last 1 year alone average price buyer paid is around £324,000 based on approximately 2 sales in Penn Drive, Frenchay, Bristol, BS16 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £226,100. 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 £254,125 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £239,363 per sale.