Penstock Drive, Stoke-on-Trent, ST4

Street Guide For Penstock Drive, Stoke-on-Trent, ST4

 

Penstock Drive, Stoke-on-Trent, ST4 Map

Estimated Price: £86,260
Average Asking Price: £345,249
Price change in last one year: £5,004
Average Price Paid: £68,843
Average Rent Rates: £1,066

 

Property Prices Breakdown in Penstock Drive, Stoke-on-Trent, ST4

Average Price for property in Penstock Drive, Stoke-on-Trent, ST4 is around £86,260 e.g. average price for a flat is around 86,279. Values have been changing and have risen £303 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £501 in last 6 months, £5,004 in last 1 year, £7,980 in last 2 years, £7,153 in last 3 years, £6,918 in last 4 years and £7,219 in last 5 years.

Currently average asking price of a property in Penstock Drive, Stoke-on-Trent, ST4 is around £345,249 based on approximately 6 properties for sale. Same is the case with rental options based on 272 properties up for rent, average asking rent is around £1,066 per month.

Estimated property value in Penstock Drive, Stoke-on-Trent, ST4 is £86,260. Average asking price is £345,249 while average price paid is £69,408 which is up by £5,004 and Avg. asking rent £1,066.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 Penstock Drive, Stoke-on-Trent, ST4 area. In last 1 year alone average price buyer paid is around £69,408 based on approximately 6 sales in Penstock Drive, Stoke-on-Trent, ST4 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £68,102. 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 £68,843 for 23 and average amount paid for purchase of approx. 53 properties sold in last 7 years comes to about £79,265 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 £93,633, £89,520 for a 2 bedroom house, £142,783 for a 3 bedroom house, £258,139 for a 4 bedroom house and £402,821 for a 5 bedroom house. For a flat similarly the prices varies from £74,417 for a single bedroom to £101,800 for a 2 bedroom Flat. To sum up the asking prices for properties in Penstock Drive, Stoke-on-Trent, ST4 it comes to around average £79,221 for 1 bedroom property, £90,875 for 2 bedroom, £142,783 for 3 bedroom, £258,139 for 4 bedroom and £402,821 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 £301 for 1 bedroom to £426 for 2 bedrooms, £566 for 3 bedrooms, £658 for 4 bedrooms and £1,322 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £432. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £482 and £351 for 3 bedroom. You should be generally be expecting around average £394 rent per month for single bedroom property, £443 for 2 bedroom, £559 for 3 bedroom, £658 for 4 bedroom and approximately £1,322 for a 5 bedroom property in Penstock Drive, Stoke-on-Trent, ST4 area.

Popular Houses in Penstock Drive, Stoke-on-Trent, ST4

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 Penstock Drive, Stoke-on-Trent, ST4