Penn Lane, Brixham, TQ5

Street Guide For Penn Lane, Brixham, TQ5

 

Penn Lane, Brixham, TQ5 Map

Estimated Price: £209,093
Average Asking Price: £255,785
Price change in last one year: £12,308
Average Price Paid: £185,916
Average Rent Rates: £650

 

Property Prices Breakdown in Penn Lane, Brixham, TQ5

Average Price for property in Penn Lane, Brixham, TQ5 is around £209,093 which varies based on type of property you are interested in and ranges from £241,355 for detached house to around £177,684 for semi-detached. Similarly terraced house is around £153,010 and a flat is worth £127,603. Values have been changing and have risen £112 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,795 in last 6 months, £12,308 in last 1 year, £20,504 in last 2 years, £19,888 in last 3 years, £12,777 in last 4 years and £21,623 in last 5 years.

Currently average asking price of a property in Penn Lane, Brixham, TQ5 is around £255,785 based on approximately 0 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £650 per month.

Estimated property value in Penn Lane, Brixham, TQ5 is £209,093. Average asking price is £255,785 while average price paid is £183,250 which is up by £19,888 and Avg. asking rent £650.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 Lane, Brixham, TQ5 area. In last 3 years alone average price buyer paid is around £183,250 based on approximately 4 sales in Penn Lane, Brixham, TQ5 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £185,916. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £185,916 for 6 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 £169,300, £184,628 for a 2 bedroom house, £245,842 for a 3 bedroom house, £348,895 for a 4 bedroom house and £400,990 for a 5 bedroom house. For a flat similarly the prices varies from £112,800 for a single bedroom to £164,793 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £522,500. To sum up the asking prices for properties in Penn Lane, Brixham, TQ5 it comes to around average £128,209 for 1 bedroom property, £179,894 for 2 bedroom, £251,856 for 3 bedroom, £348,895 for 4 bedroom and £400,990 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 £455 for 1 bedroom to £706 for 2 bedroom, £737 for 3 bedroom and £890 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £468. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £613. You should be generally be expecting around average £467 rent per month for single bedroom property, £663 for 2 bedroom, £737 for 3 bedroom and approximately £890 for 4 bedroom property in Penn Lane, Brixham, TQ5 area.

Popular Houses in Penn Lane, Brixham, TQ5

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 Lane, Brixham, TQ5