Penn Drive, Frenchay, Bristol, BS16

Street Guide For Penn Drive, Frenchay, Bristol, BS16

 
 

Penn Drive, Frenchay, Bristol, BS16 Map

Estimated Price: £252,319
Average Asking Price: £265,775
Price change in last one year: £20,360
Average Price Paid: £254,125
Average Rent Rates: £1,155

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78 Queen's Ave, Bristol, City of Bristol BS8

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Property Prices Breakdown in Penn Drive, Frenchay, Bristol, BS16

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.

 
 
 
 

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 £135,000, £203,745 for a 2 bedroom house, £243,063 for a 3 bedroom house, £342,579 for a 4 bedroom house and £444,950 for a 5 bedroom house. For a flat similarly the prices varies from £123,161 for a single bedroom to £168,124 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £189,950. To sum up the asking prices for properties in Penn Drive, Frenchay, Bristol, BS16 it comes to around average £124,007 for 1 bedroom property, £184,615 for 2 bedroom, £242,365 for 3 bedroom, £342,579 for 4 bedroom and £444,950 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 £431 for 1 bedroom to £809 for 2 bedrooms, £908 for 3 bedrooms, £1,227 for 4 bedrooms and £1,828 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £645. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £725 and £1,434 for 3 bedroom. You should be generally be expecting around average £528 rent per month for single bedroom property, £760 for 2 bedroom, £934 for 3 bedroom, £1,227 for 4 bedroom and approximately £1,828 for a 5 bedroom property in Penn Drive, Frenchay, Bristol, BS16 area.

Popular Houses in Penn Drive, Frenchay, Bristol, BS16

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 Penn Drive, Frenchay, Bristol, BS16