Average Price for property in Phillips Terrace, Lanner, Redruth, TR16 is around £211,225 which varies based on type of property you are interested in and ranges from £242,407 for semi-detached to around £195,633 for terraced house. Values have been changing and have risen £1,615 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,524 in last 6 months, £9,541 in last 1 year, £17,518 in last 2 years, £12,918 in last 3 years, £10,185 in last 4 years and £17,166 in last 5 years.
Currently average asking price of a property in Phillips Terrace, Lanner, Redruth, TR16 is around £300,057 based on approximately 1 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £707 per month.
Estimated property value in Phillips Terrace, Lanner, Redruth, TR16 is £211,225. Average asking price is £300,057 while average price paid is £198,950 which is up by £9,541 and Avg. asking rent £707.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 Phillips Terrace, Lanner, Redruth, TR16 area. In last 1 year alone average price buyer paid is around £198,950 based on approximately 1 sales in Phillips Terrace, Lanner, Redruth, TR16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £175,475. 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 £175,475 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £175,475 per sale.