Average Price for property in Penrose Road, Ferndown, BH22 is around £337,460 e.g. average price for detached house is around 337,460. Values have been changing and have risen £2,116 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,287 in last 6 months, £25,433 in last 1 year, £34,770 in last 2 years, £37,014 in last 3 years, £38,005 in last 4 years and £34,935 in last 5 years.
Currently average asking price of a property in Penrose Road, Ferndown, BH22 is around £351,322 based on approximately 2 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £967 per month.
Estimated property value in Penrose Road, Ferndown, BH22 is £337,460. Average asking price is £351,322 while average price paid is £270,000 which is up by £25,433 and Avg. asking rent £967.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 Penrose Road, Ferndown, BH22 area. In last 1 year alone average price buyer paid is around £270,000 based on approximately 2 sales in Penrose Road, Ferndown, BH22 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £265,000. 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 £274,833 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £263,857 per sale.