Average Price for property in Pennance Lane, Lanner, Redruth, TR16 is around £251,464 which varies based on type of property you are interested in and ranges from £255,110 for detached house to around £189,492 for semi-detached. Values have been changing and have risen £1,923 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,386 in last 6 months, £11,357 in last 1 year, £20,853 in last 2 years, £15,374 in last 3 years, £12,119 in last 4 years and £20,430 in last 5 years.
Currently average asking price of a property in Pennance Lane, Lanner, Redruth, TR16 is around £300,057 based on approximately 3 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 Pennance Lane, Lanner, Redruth, TR16 is £251,464. Average asking price is £300,057 while average price paid is £204,333 which is up by £11,357 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 Pennance Lane, Lanner, Redruth, TR16 area. In last 1 year alone average price buyer paid is around £204,333 based on approximately 3 sales in Pennance Lane, Lanner, Redruth, TR16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £207,991. 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 £216,618 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £221,790 per sale.