Penpole Lane, Bristol, BS11

Street Guide For Penpole Lane, Bristol, BS11

 

Penpole Lane, Bristol, BS11 Map

Estimated Price: £229,855
Average Asking Price: £248,557
Price change in last one year: £20,883
Average Price Paid: £160,000
Average Rent Rates: £2,575

 

Property Prices Breakdown in Penpole Lane, Bristol, BS11

Average Price for property in Penpole Lane, Bristol, BS11 is around £229,855 which varies based on type of property you are interested in and ranges from £256,019 for detached house to around £219,390 for semi-detached. Values have been changing and have risen £1,663 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,209 in last 6 months, £20,883 in last 1 year, £30,872 in last 2 years, £32,085 in last 3 years, £33,412 in last 4 years and £33,196 in last 5 years.

Currently average asking price of a property in Penpole Lane, Bristol, BS11 is around £248,557 based on approximately 1 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £2,575 per month.

Estimated property value in Penpole Lane, Bristol, BS11 is £229,855. Average asking price is £248,557 while average price paid is £80,000 which is up by £20,883 and Avg. asking rent £2,575.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 Penpole Lane, Bristol, BS11 area. In last 1 year alone average price buyer paid is around £80,000 based on approximately 1 sales in Penpole Lane, Bristol, BS11 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £80,000. 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 £160,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £160,000 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 £109,995, £169,472 for a 2 bedroom house, £188,396 for a 3 bedroom house and £280,833 for a 4 bedroom house. For a flat similarly the prices varies from £117,650 for a single bedroom to £128,492 for a 2 bedroom Flat. To sum up the asking prices for properties in Penpole Lane, Bristol, BS11 it comes to around average £115,736 for 1 bedroom property, £155,008 for 2 bedroom, £188,396 for 3 bedroom and £280,833 for 4 bedroom.

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 £347 for 1 bedroom to £797 for 3 bedroom and £997 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £488. You should be generally be expecting around average £417 rent per month for single bedroom property, £798 for 3 bedroom and approximately £997 for 4 bedroom property in Penpole Lane, Bristol, BS11 area.

Popular Houses in Penpole Lane, Bristol, BS11

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 Penpole Lane, Bristol, BS11