Pennant Way, Irvine, KA11

Street Guide For Pennant Way, Irvine, KA11

 

Pennant Way, Irvine, KA11 Map

Estimated Price: £262,121
Average Asking Price: £133,010
Price change in last one year: £8,935
Average Price Paid: £239,497
Average Rent Rates: £453

 

Property Prices Breakdown in Pennant Way, Irvine, KA11

Average Price for property in Pennant Way, Irvine, KA11 is around £262,121 e.g. average price for detached house is around 233,347. Values have been changing and have risen £483 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,822 in last 6 months, £8,935 in last 1 year, £24,266 in last 2 years, £20,027 in last 3 years, £14,323 in last 4 years and £8,866 in last 5 years.

Currently average asking price of a property in Pennant Way, Irvine, KA11 is around £133,010 based on approximately 2 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £453 per month.

Estimated property value in Pennant Way, Irvine, KA11 is £262,121. Average asking price is £133,010 while average price paid is £229,497 which is up by £8,935 and Avg. asking rent £453.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 Pennant Way, Irvine, KA11 area. In last 1 year alone average price buyer paid is around £229,497 based on approximately 2 sales in Pennant Way, Irvine, KA11 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £240,397. 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 £239,497 for 12 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £239,497 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 2 bedroom is around £83,025, £102,089 for a 3 bedroom house, £199,523 for a 4 bedroom house and £224,192 for a 5 bedroom house. For a flat similarly the prices varies from £53,000 for a single bedroom to £63,550 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £65,000. To sum up the asking prices for properties in Pennant Way, Irvine, KA11 it comes to around average £53,000 for 1 bedroom property, £78,157 for 2 bedroom, £101,282 for 3 bedroom, £199,523 for 4 bedroom and £224,192 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 £442 for 2 bedroom to £469 for 3 bedroom. You should be generally be expecting around average £442 rent per month for 2 bedroom property and approximately £469 for 3 bedroom property in Pennant Way, Irvine, KA11 area.

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 Pennant Way, Irvine, KA11