Penoweth, Mylor Bridge, Falmouth, TR11

Street Guide For Penoweth, Mylor Bridge, Falmouth, TR11

 

Penoweth, Mylor Bridge, Falmouth, TR11 Map

Estimated Price: £326,054
Average Asking Price: £394,624
Price change in last one year: £17,497
Average Price Paid: £301,579
Average Rent Rates: £1,258

 

Property Prices Breakdown in Penoweth, Mylor Bridge, Falmouth, TR11

Average Price for property in Penoweth, Mylor Bridge, Falmouth, TR11 is around £326,054 which varies based on type of property you are interested in and ranges from £332,347 for detached house to around £259,974 for semi-detached. Values have been changing and have risen £2,666 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,826 in last 6 months, £17,497 in last 1 year, £25,363 in last 2 years, £27,395 in last 3 years, £17,479 in last 4 years and £28,099 in last 5 years.

Currently average asking price of a property in Penoweth, Mylor Bridge, Falmouth, TR11 is around £394,624 based on approximately 5 properties for sale. Same is the case with rental options based on 111 properties up for rent, average asking rent is around £1,258 per month.

Estimated property value in Penoweth, Mylor Bridge, Falmouth, TR11 is £326,054. Average asking price is £394,624 while average price paid is £315,500 which is up by £17,497 and Avg. asking rent £1,258.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 Penoweth, Mylor Bridge, Falmouth, TR11 area. In last 1 year alone average price buyer paid is around £315,500 based on approximately 5 sales in Penoweth, Mylor Bridge, Falmouth, TR11 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £322,000. 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 £301,579 for 12 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £302,226 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 £105,000, £207,566 for a 2 bedroom house, £317,864 for a 3 bedroom house, £485,367 for a 4 bedroom house and £1,072,500 for a 5 bedroom house. For a flat similarly the prices varies from £138,734 for a single bedroom to £222,001 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £339,300, £512,500 for a 4 bedroom flat and £522,500 for a 5 bedroom flat. To sum up the asking prices for properties in Penoweth, Mylor Bridge, Falmouth, TR11 it comes to around average £129,534 for 1 bedroom property, £213,520 for 2 bedroom, £319,761 for 3 bedroom, £486,257 for 4 bedroom and £1,022,500 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 £514 for 1 bedroom to £733 for 2 bedrooms, £882 for 3 bedrooms, £1,418 for 4 bedrooms and £1,785 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £523. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £760, £1,080 for 3 bedroom, £1,407 for 4 bedroom and around £1,872 for 5 bedroom flat. You should be generally be expecting around average £517 rent per month for single bedroom property, £752 for 2 bedroom, £1,005 for 3 bedroom, £1,416 for 4 bedroom and approximately £1,791 for a 5 bedroom property in Penoweth, Mylor Bridge, Falmouth, TR11 area.

Popular Houses in Penoweth, Mylor Bridge, Falmouth, TR11

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 Penoweth, Mylor Bridge, Falmouth, TR11